Carbios: reorganization plan, share price plummets

(CercleFinance.com) - Carbios has announced a reorganization project which could result in job cuts, both at Carbios and at its subsidiary Carbios54, potentially threatening 40% of positions.


This project is part of the tighter management of its expenses, announced on December 19.

Carbios asserts that this reorganization should enable it to pursue the execution of its technological, industrial and commercial strategy, as well as the prudent management of its solid cash position (€107 million at December 31, 2024), by reducing the Group's cash burn.

The reorganization project is subject to an information-consultation procedure with the Social and Economic Committee (CSE).

Impacted by this announcement, the share price is currently down more than 8% in Paris.

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