Verallia SASU

VRLA

Equity

ISIN FR0013447729 / Valor 50218148

Euronext - Euronext Paris (2024-12-24)

EUR 23.78+1.89%

Verallia SASU
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About company

Verallia SASU is a company specializing in the design, production, and recycling of glass packaging, offering healthy, aesthetic, and sustainable solutions to over 10,000 companies globally. They work with clients such as Clos de Luz, Vicente Gandia, and Miguel Torres to create premium eco-designed bottles for various products, showcasing expertise in developing unique bottle shapes and finishes. Verallia's focus on providing environmentally friendly packaging solutions sets them apart in the industry, catering to a wide range of clients seeking high-quality glass packaging for their products.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

In 2023, Verallia SASU reported a significant revenue increase of 16.5%, totaling €3,904 million. This growth is even more pronounced at constant scope and exchange rates, reaching 21.4% compared to the previous year, 2022.

EBITDA Improvement

Verallia SASU's adjusted EBITDA for 2023 showed a robust increase, rising to €1,108 million, which is 28.0% higher than the €866 million recorded in 2022. This improvement also led to achieving the EBITDA margin target of 28-30% set in the 2022-24 plan a year ahead of schedule, with a margin of 28.4% in 2023.

Net Profit Surge

The company's net profit in 2023 sharply increased by 33.7% to €475 million, up from €356 million in 2022. Earnings per share also rose significantly by 37.7% to €4.02.

Cash Flow and Debt Management

Verallia SASU demonstrated strong cash generation capabilities in 2023, with free cash flow reaching €365 million, maintaining the level from a strong 2022. Additionally, the net debt ratio improved, decreasing to 1.2 times the 2023 adjusted EBITDA from 1.6 times at the end of 2022.

Dividend Proposal

Reflecting its solid financial performance in 2023, Verallia SASU has proposed a dividend of €2.15 per share, subject to approval at the Annual General Shareholders' Meeting scheduled for 26 April 2024.

Summarized from source with an LLMView Source

Key figures

-33.8%1Y

-21.9%3Y

-10.5%5Y

Performance

36.2%1Y

32.6%3Y

34.8%5Y

Volatility