Verbio Adjusts 2024/25 EBITDA Forecast

Verbio SE has revised its EBITDA forecast for the 2024/25 financial year. Due to technical issues at its Nevada plant, Verbio North America is unlikely to positively impact EBITDA as initially expected. This adjustment is also attributed to stagnant GHG quota prices, failing to offset earlier negative results.

The Management Board anticipates the EBITDA to be in the mid double-digit million range, a shift from the previous expectation of EUR 120 to EUR 160 million. Encouragement is drawn from a potential recovery in quota prices, yet no GHG quota impairment is anticipated.

Despite the revised EBITDA outlook, the company projects its net financial debt to stay capped at EUR 190 million by the financial year's end. This strategic adjustment aims to address unforeseen challenges while maintaining financial stability.