- Financials
Best first quarter ever to BioMar
By adding all the feed companies in the Group managed by BioMar, including joint ventures, BioMar ends with a record first quarter of EBITDA of more than DKK 310 million.
Powered by Partnership. Driven by Innovation.
Our strategy offers a paradigm shift for BioMar and our customers, truly embedding innovation and sustainability into the commercial value proposition. We are protecting the core of the company through commercial and operational excellence and creating value through sustainability as well as increasing our focus on data-driven business decisions and digital data solutions.
We will enhance focus on strategy deployment, business development, and M&A, while strengthening global alignment, to improve collaboration across our core businesses. As we accelerate global growth across new geographies and areas, we hope to become a relevant player in all geographies.
Our strategy is not only ambitious but also courageous as we think out of the box, moving the limits, and going above and beyond customer expectations. We explore opportunities in related business areas while continuing to innovate with next-generation product solutions and be the catalyst for bringing exciting new, low-input raw materials into our recipes.
To facilitate excellence in what has already been built we will continue to expand into new areas while exploring opportunities in related business areas that will support innovation across the aquaculture industry.
Results (18)
By adding all the feed companies in the Group managed by BioMar, including joint ventures, BioMar ends with a record first quarter of EBITDA of more than DKK 310 million.
Concluding a successful year, BioMar achieved a strong Q4, resulting in the best results ever for the group.
BioMar is coming out of the third quarter with a 5% increase in volumes year-on-year. The increase in volumes, combined with a strong product strategy,
BioMar concludes the year with solid growth across markets with a significant increase in volumes and revenue, reaching an all-time high level.
The positive development is mainly driven by stronger development in the Salmon and LATAM divisions, compensating for a weaker result in the EMEA division.
The company is now raising earnings guidance for the full year to the range of DKK 960-1,000 million.
The significant increase in revenue in Q2 was driven by higher sales volumes, raw material prices, and to some extend currency rate development.
The significant increase in revenue in Q1 was driven by higher sales volumes, raw material prices, and to some extend currency rate development.
Following the invasion of Ukraine, BioMar Group shuts down all trade activities with Russia. The decision includes sales of finished products as well as the sourcing of raw materials.
BioMar concludes the year with solid growth across markets with a significant increase in volumes and revenue, reaching an all-time high level.
BioMar is coming out of the third quarter with a 5% increase in volumes year-on-year. The increase in volumes, combined with a strong product strategy,
BioMar concludes the year with solid growth across markets with a significant increase in volumes and revenue, reaching an all-time high level.