Verallia reported a drop in third-quarter sales on Tuesday, down 6.6% year-on-year, citing "a persistently difficult market environment".

The French glass group posted sales of 870.6 million euros for the period, compared with 931.8 million euros a year ago.

"The group is still targeting adjusted Ebitda for 2024 at around that of 2022," Verallia CEO Patrice Lucas said in a statement.

Verallia's third-quarter Ebitda (earnings before interest, taxes, depreciation and amortization) totaled 210 million euros, the group said in the release.

(Written by Etienne Breban, edited by Augustin Turpin)