Darling Ingredients - Food manufacturer expands segment with renewable fuels!

Business Driver: Darling Ingredients (DAR) specializes in the production of food additives, animal feed, feed for livestock, technical fats, and oils. Promising growth prospects are seen in the biodiesel sector, which is expected to benefit from increasing demand for renewable fuels in the medium term. Recently, the company reported a weak performance, with a revenue decline of -2.8% in the first quarter amid mixed economic conditions, and a loss of -18 cents (consensus: +40 cents) which was significantly worse than expected. However, Darling Ingredients...