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Carbios (ALCRB)

Business description

Carbios develops enzyme-based processes for biodegradation and bioproduction of plastics, with a long-term aim of displacing current recycling and production practices.

H1 results

Update | General Industrials | 09/10/2015

Carbios (ALCRB) has reported H1 results that support our full-year forecast and delivered key milestones towards scaling up for industrialisation with the launch of its pre-pilot production facility for biodegradable plastics. Our valuation range remains unchanged, at €23-37 per share.

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Stock data

Market cap.€32.3m
Last close€7.200
High / Low (52 weeks)€10.1 / €6.2
Stock market listingEU
Forecast net debt (€m)8.5
Forecast gearing ratio (%)0
SectorGeneral Industrials

Price performance

Relative *(14.2)18.7(5)

* % Relative to local index

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