Corbion N.V. (CSNVF) Q4 2022 Earnings Call Transcript

Corbion N.V. (OTCPK:CSNVF) This autumn 2022 Earnings Convention Name March 3, 2023 5:00 AM ET

Firm Individuals

Peter Kazius – Head, Investor Relations

Olivier Rigaud – Chief Govt Officer

Eddy Van Rhede van Der Kloot – Chief Monetary Officer

Convention Name Individuals

Alex Sloane – Barclays

Patrick Roquas – Kepler Cheuvreux


Sebastian Bray – Berenberg

Fernand de Boer – Degroof Petercam

Wim Hoste – KBC Securities

Peter Kazius

Sure. Good morning everybody. Welcome to the Corbion Full 12 months 2022 Outcomes Name. With us at this time are Olivier Rigaud, our CEO; and Eddy Van van Der Kloot, our CFO. My identify is Peter Kazius, Head of Investor Relations. As typical there’s a slide deck accessible from our web site when you go to, Investor Relations Monetary Publications.

I’d now like at hand over to Olivier.

Olivier Rigaud

Properly, thanks, Peter and good morning everybody. So, welcome once more to this 2022 Corbion’s outcomes. So, I’ll begin with the primary slide on our firm objective. At Corbion, we really feel very robust about what we’re standing for be preserving what issues. And at this time, 65% of our enterprise is aligned behind three sustainable growth targets that is up from 60% in 2021 with an ambition to be at 80% by 2030.

So, now shifting on to the following slide on fiscal 12 months 2022 key factors and key outcomes. We delivered in 2022 a file 12 months in natural gross sales development and adjusted EBITDA supply. All key monetary metrics had been inside the earlier offered steerage with an natural gross sales development for core of 24.3% and this was pushed by all three enterprise items. The amount combine was 5.6% and the worth impression of 18.7%.

The whole adjusted EBITDA was near €185 million, so an natural development of 17.9%. And