Despite Lower Q3 Volumes, BioMar Maintains Guidance for a Strong 2024
BioMar's third quarter reveals a decline in sales volumes year-on-year, while the company is still heading for a strong full-year result. Although revenue has decreased due to stable volumes and lower raw material prices, earnings have increased due to anemphasis on commercial and operational efficiency and a shift towards long-term customer relationships.
BioMar reports solid third quarter results for 2024, still indicating that the company will reach the expected earnings for the year. However, full-year revenue expectations are slightly...
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