Mon 03/04/2024 07:00 AM
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Reporting: Robert Schach

French pharmaceutical solution and specialty chemicals producer Seqens expects full-year 2024 adjusted EBITDA to fall another 11% from its full-year 2023 results, which missed budget following a third-quarter earnings collapse and subsequent weak fourth-quarter numbers. However, even that looks potentially over optimistic given that the 2024 budget assumes a recovery in active ingredient para-aminophenol, or PAP, earnings that is still far from certain, sources...
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