Corbion is the global market leader in lactic acid and lactic acid derivatives, and a leading supplier of other ferments, functional enzyme blends, minerals, vitamins, and algae ingredients.
The consolidated financial statements of Corbion nv have been prepared in accordance with the International Financial Reporting Standards (IFRS) adopted by the European Union.
The adjusted consolidated income statement for financial years 2022 and 2021 (non-IFRS financial measures) can be presented as follows.
In line with the management responsibilities and internal management reporting for its strategic decision-making process Corbion distinguishes between the segments Sustainable Food Solutions, Lactic Acid & Specialties, Algae Ingredients, and
Fulfillment of the performance obligations related to goods sold is measured using the commercial shipment terms as an indicator for the transfer of control.