HOMEPAGE
Preserving what matters
Welcome to the Corbion
Annual Report 2024
Full online report
Key financial highlights
Net sales
In € mln
Organic sales growth 2.2%
€ 1,288.1
Adjusted EBITDA¹
In € mln
Increased organically by 23.3%
€ 175.0
Earnings per share
In €
Increased by 8.2%
€ 0.79
Free cash flow¹ ²
In € mln
Increased by € 79.7 mln
€ 98.3
Balance sheet ratios¹
x EBITDA
Covenant net debt/covenant EBITDA (3.1x in 2023)
2.1x
Dividend per share
In €
€ 0.61 in 2023
€ 0.64
Following the divestment of the Emulsifiers business, results are presented as Continuing Operations.
1 For definitions of non-IFRS performance measures, see “Other information – Alternative performance measures.”
2 Excluding proceeds from disposal discontinued operations, net of transaction costs, and tax paid.
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Corbion at a glance
We are the global market leader in lactic acid and its derivatives, and a leading supplier of food preservation solutions, functional blends, and algae ingredients.
Message from Olivier
Not long after arriving at Corbion halfway through 2019, it really struck me; I am privileged to lead a company of truly remarkable people. The Corbion team has shown me what they are made of, time and time again, and this year was no exception. — Olivier Rigaud, CEO Corbion
Advancing sustainability at every step
At Corbion, we are committed to creating sustainable value across the entire value chain. We achieve this by expanding our portfolio of sustainable solutions for our customers and by implementing responsible sourcing and manufacturing practices initiatives that help mitigate potential negative impacts of our business activities.
Sustainability statements
Sustainability is woven into everything we do—from preserving food and protecting health to reducing our environmental impact. By embedding sustainable practices at every step, we create lasting value for people and the planet. Our Sustainability statements are CSRD-compliant, enhancing transparency and comparability, and reflecting our commitment as a purpose-driven organization.
We champion preservation in all its forms,
using science to propel nature's ingenuity.
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