Sharp Decline in Profitability for Verallia in 2025
Verallia has reported a net profit of 93 million EUR for 2025, translating to earnings per share of 0.77 EUR compared to 2.01 EUR in 2024. This decrease is mainly attributable to the contraction in adjusted EBITDA as well as the exceptional impact of asset impairments in Germany and England.
The adjusted EBITDA of the glass packaging manufacturer amounted to 692 million EUR, representing a margin of 20.8% (down from 24.4% in 2024) on revenue of 3.33 billion EUR, a decrease of 3.6% (-2.8% at constant exchange rates and scope).
Free cash flow doubled to 166 million EUR, exceeding the revised target of around 150 million EUR. However, the net debt ratio reached 2.7 times the adjusted EBITDA for the twelve months ended December 2025, compared to 2.1 times at the end of December 2024.
The board of directors has decided to propose a dividend payment of 1.00 EUR per share for the 2025 fiscal year, with each shareholder offered the option to receive this dividend in cash or in new shares.
Based on current anticipated market conditions, Verallia has set a target for 2026 of generating an adjusted EBITDA of approximately 700 million EUR and free cash flow of around 220 million EUR, excluding the impact of disbursements related to planned restructuring measures.
Verallia is the world's third largest producer and the leading European producer of glass packaging for beverages and food products.
In 2025, the group produced nearly 18 billion glass bottles and jars.
At the end of 2025, the group has 35 glass production plants, 6 decoration plants and 19 cullet (used glass) treatment centres worldwide.
Net sales are distributed geographically as follows: France (24.1%), Italy (23.6%), Spain (15.8%), Germany (11.6%), Brazil (6.4%) and other (18.5%).
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