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BioMar earnings plunge 60% as impact of pulling out of Russia starts to sting

The group also continued to be hit by sharp increases in raw material prices and energy costs not yet passed on to customers.

'My only concern - and surprise - is that some of our international competitors have not taken the same position but is rather taking advantage of the situation,' said BioMar CEO Carlos Diaz.
'My only concern - and surprise - is that some of our international competitors have not taken the same position but is rather taking advantage of the situation,' said BioMar CEO Carlos Diaz.Photo: BioMar
Published 6 May 2022, 07:01Updated 6 May 2022, 13:23
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