Corbion reported net sales of € 687.4 million in H1 2022. Organic net sales growth was 23.4% for the first half year. Adjusted EBITDA in H1 2022 increased by 16.6% to € 89.9 million. Olivier Rigaud, CEO, commented: “We are proud to have delivered strong growth in sales and EBITDA during a period of unprecedented cost inflation and supply chain disruptions. Given that we are prioritizing price increases and mix improvements, we are encouraged to see that this has not led to adverse volume impact.
Corbion today announced that it has signed a new 5-year syndicated Revolving Credit Facility (“RCF”) with an interest rate that will, amongst others, depend on the company’s year-on-year sustainability performance improvement. The interest rate on the RCF is linked to sustainability indicators, measuring the performance of Corbion on a year-on-year basis. The indicators are linked to Corbion’s key sustainability initiatives from its Advance 2025 strategy: Preserving food and food production, hea
Corbion’s Supervisory Board announces it has nominated Olivier Rigaud for re-appointment as CEO and Chair of the Board of Management for a second term of office. Olivier Rigaud was appointed in 2019 and his current term of office runs from August 2019 to May 2023. Chair of the Supervisory Board Mathieu Vrijsen said: "The Supervisory Board is very pleased that Olivier is willing to extend his contract of assignment with Corbion for a second four-year term (May 2023 - May 2027). Since 2019, Olivie