Verallia SASU

Latest Results (06.10.2025):

In the first half of 2025, Verallia SASU experienced a decline in both revenue and adjusted EBITDA. The company reported a decrease in net income attributable to shareholders and an increase in net debt ratio compared to the same period in the previous year. Despite these financial challenges, Verallia continues to invest in sustainable technologies and operational optimizations.

Revenue Decline

Verallia SASU reported a 2.4% decrease in revenue, totaling €1,722.6 million for H1 2025. This decline includes a 2.5% drop in the second quarter compared to Q2 2024, adjusted to -3.3% at constant scope and exchange rates.

Adjusted EBITDA Reduction

The company's adjusted EBITDA decreased by 18.7% to €350.8 million, with the EBITDA margin falling to 20.4% from 24.4% in the first half of 2024. This reduction reflects ongoing cost pressures and market challenges.

Net Income and Debt

Net income attributable to shareholders fell to €67.5 million in H1 2025, down from €124.1 million in the same period last year. Additionally, the net debt ratio increased to 2.6x, up from 2.1x at the end of December 2024, with net financial debt rising to €1,947.5 million.

Sustainability Initiatives

Verallia SASU is advancing its sustainability efforts by experimenting with hydrogen combustion in its Essen glass furnaces and launching a new state-of-the-art oxycombustion furnace in Campo Bom, Brazil. These projects aim to significantly reduce CO2 emissions and support the company's long-term decarbonization strategy.

Operational Adjustments

In response to challenging market conditions in Germany, Verallia has initiated a resource optimization project leading to approximately 100 workforce reductions and €10 million in cost savings. This measure targets the Bad Wurzach and Essen sites to align the cost structure with current market demands.

Financial Maneuvering

Verallia secured a €1.6 billion bridge loan to support potential bond redemptions related to BWGI's takeover bid. Additionally, the company obtained consent from its bank lenders to amend change of control clauses and extended its €550 million revolving credit facility to 2030, ensuring financial stability amidst ongoing negotiations.