What happened?
Losses (-EUR33m) widened as compared to the previous year with Carbios notably stepping up its commercial teams.
The cash position at the end of the year was EUR109m of which EUR19m of financial assets partly pledged with some suppliers. The company is confident to have enough cash in hand to run the business for more than 12 months.
The cost cutting plan aims at suppressing up to 40% of existing positions. The company expects to reduce its cash burn by 40% with full impact fr ....

11 Apr 2025
FY results first take

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FY results first take
- Published:
11 Apr 2025 -
Author:
Gelebart Laurent LG -
Pages:
7 -
What happened?
Losses (-EUR33m) widened as compared to the previous year with Carbios notably stepping up its commercial teams.
The cash position at the end of the year was EUR109m of which EUR19m of financial assets partly pledged with some suppliers. The company is confident to have enough cash in hand to run the business for more than 12 months.
The cost cutting plan aims at suppressing up to 40% of existing positions. The company expects to reduce its cash burn by 40% with full impact fr ....