Tessenderlo Group, Brussels, reported on Nov. 22 that it anticipates adjusted EBITDA for 2021 to be approximately 10 percent higher than the 2020 adjusted EBITDA (€314.6 million).
The previous outlook projected the 2021 adjusted EBITDA to be in line with the 2020 adjusted EBITDA. This revised outlook for the 2021 financial year reflects the continued favorable market conditions in the Agro segment.
Tessenderlo will announce its full results for 2021 on March 24, 2022.