Carbios’s H119 results confirmed that the business is on a sound financial footing and continues to make progress towards the commercialisation of its technology. Commercial revenues from Carbiolice are scheduled to commence in 2020 and licences for its PET recycling technology are expected to be granted by 2023. Our current DCF-based valuation is €13/share.
30 Sep 2019
Carbios - A productive and active H119
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Carbios - A productive and active H119
Carbios SA (ALCRB:PAR) | 0 0 0.3% | Mkt Cap: 36.5m
- Published:
30 Sep 2019 -
Author:
Graeme Moyse -
Pages:
3
Carbios’s H119 results confirmed that the business is on a sound financial footing and continues to make progress towards the commercialisation of its technology. Commercial revenues from Carbiolice are scheduled to commence in 2020 and licences for its PET recycling technology are expected to be granted by 2023. Our current DCF-based valuation is €13/share.