Corbion Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,267	1,288	1,264	1,458	1,071
Revenue Growth (YoY)	-1.61%	1.90%	-13.29%	36.15%	8.54%
Cost of Revenue	932.7	968.5	979.9	1,132	801.8
Gross Profit	334.7	319.6	284.2	326.4	269
Selling, General & Admin	173.7	182.7	176	171.2	154.6
Research & Development	42.5	46.3	45.6	47.2	42.6
Operating Expenses	216.2	229	221.6	218.4	197.2
Operating Income	118.5	90.6	62.6	108	71.8
Interest Expense	-15.2	-20	-27	-15.8	-11.5
Interest & Investment Income	4.6	5.8	6.4	3.4	1.9
Earnings From Equity Investments	-4.1	-3.6	-3.5	10.9	18.7
Currency Exchange Gain (Loss)	-	5.7	-4	9.1	-2.9
Other Non Operating Income (Expenses)	-6.9	-2.6	-3.7	-2	-1.8
EBT Excluding Unusual Items	96.9	75.9	30.8	113.6	76.2
Gain (Loss) on Sale of Assets	-	-	-	9.5	30.2
Asset Writedown	-	-	-	-	-20.4
Other Unusual Items	-2	-13.4	14.6	-6.7	0.5
Pretax Income	94.9	62.5	45.4	116.4	86.5
Income Tax Expense	20.1	16.6	2.3	26.4	8.2
Earnings From Continuing Operations	74.8	45.9	43.1	90	78.3
Earnings From Discontinued Operations	-	146.3	29.8	-	-
Net Income	74.8	192.2	72.9	90	78.3
Net Income to Common	74.8	192.2	72.9	90	78.3
Net Income Growth	-61.08%	163.65%	-19.00%	14.94%	7.11%
Shares Outstanding (Basic)	58	58	59	59	59
Shares Outstanding (Diluted)	59	59	60	60	59
Shares Change (YoY)	-0.68%	-0.67%	0.34%	0.17%	-0.17%
EPS (Basic)	1.29	3.29	1.23	1.53	1.33
EPS (Diluted)	1.27	3.24	1.22	1.51	1.32
EPS Growth	-60.77%	165.52%	-19.26%	14.39%	7.32%
Free Cash Flow	92.7	99.9	16.1	-196.8	-126.3
Free Cash Flow Per Share	1.57	1.69	0.27	-3.31	-2.13
Dividend Per Share	0.640	0.640	0.610	0.560	0.560
Dividend Growth	-	4.92%	8.93%	-	-
Gross Margin	26.41%	24.81%	22.48%	22.39%	25.12%
Operating Margin	9.35%	7.03%	4.95%	7.41%	6.71%
Profit Margin	5.90%	14.92%	5.77%	6.17%	7.31%
Free Cash Flow Margin	7.31%	7.76%	1.27%	-13.50%	-11.79%
EBITDA	204.3	160	130.2	166.7	132.6
EBITDA Margin	16.12%	12.42%	10.30%	11.43%	12.38%
D&A For EBITDA	85.8	69.4	67.6	58.7	60.8
EBIT	118.5	90.6	62.6	108	71.8
EBIT Margin	9.35%	7.03%	4.95%	7.41%	6.71%
Effective Tax Rate	21.18%	26.56%	5.07%	22.68%	9.48%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.