Balchem(US:BCPC)2023-10-27 18:33Financial Performance - Balchem's Q3 2023 sales decreased by 5.9% compared to Q3 2022[35] - Balchem's Q3 2023 adjusted EBITDA increased by 4.3% compared to Q3 2022[38] - Balchem's Q3 2023 adjusted net earnings increased by 4.0% compared to Q4 2022[40] - Balchem's full year 2022 sales increased by 17.9% compared to 2021[50] - Balchem's full year 2022 adjusted EBITDA increased by 13.8% compared to 2021[52] - Balchem's full year 2022 adjusted net earnings increased by 11.9% compared to 2021[54] Business Overview - In 2022, Human Nutrition & Health segment accounted for 56% of Balchem's revenue, Animal Nutrition & Health 28%, and Specialty Products 14%[6] - Balchem reached 14 billion people in 2022 with its solutions[73] Strategic Focus - Balchem aims to reduce GHG emissions and global water use by 25% by 2030[77]