BRAIN AG publishes its Annual Report for the Financial Year 2019/20
DGAP-News: B.R.A.I.N. Biotechnology Research And Information Network AG / Key word(s): Annual Results
14.01.2021 / 08:00
Zwingenberg, Germany, 14 January, 2021
BRAIN AG publishes its Annual Report for the Financial Year 2019/20
Today, B.R.A.I.N. Biotechnology Research and Information Network AG ( BRAIN AG ) published its annual report 2019/20 including the detailed consolidated financial statements for the financial year 2019/20.
The BRAIN Group reported 3.4% organic revenue growth despite the challenging economic environment leading to consolidated revenues of EUR 38.2 million in the past financial year. Total operating performance in the reporting period from October 1st, 2019 to September 30th, 2020 has been at EUR 39.2 million. Adjusted EBITDA slightly improved from EUR -2.2 million in the previous year to EUR -2.0 million due to an improved material expense ratio.
Search jobs 07-Jan-2021 B.R.A.I.N. Biotechnology Research And Information Network AG: BRAIN Group expands its US products business with the successful acquisition of Biosun Biochemicals Inc.
DGAP-News: B.R.A.I.N. Biotechnology Research And Information Network AG / Key word(s): Mergers & Acquisitions/Takeover
07.01.2021 / 08:00
Zwingenberg, Germany, January 7th, 2021
BRAIN Group expands its US products business with the successful acquisition of Biosun Biochemicals Inc.
Today, BRAIN AG announced that it has acquired Biosun Biochemicals Inc., Tampa, Florida, a successful distributor, formulator and blender of enzymes, flavors, food ingredients as well as natural colors in the US market. This acquisition will further enhance the growth trajectory of BRAIN s BioIndustrial division and improve the distribution capabilities in North America.