Verallia - 2026 Third Quarter Results: Profitability in Line with H1 Despite Lower Activity, 2026 Outlook Confirmed
Business Wire•27/10/2026•13:45 ET
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Key Highlights
- ➤Q3 revenue €829 million, down 2.1% year over year on lower volumes
- ➤Q3 adjusted EBITDA €172 million; margin 20.8%, broadly in line with H1
- ➤Net debt ratio improved to 2.5x last-12-month adjusted EBITDA by September
- ➤2026 outlook confirmed: adjusted EBITDA around €700 million
- ➤2026 free cash flow target around €220 million, excluding planned restructuring cash-outs
Expert Statements
Patrice Lucas, Group Chief Executive Officer of Verallia
“After a stable H1, our business was affected by an unfavorable Summer in Europe, leading to lower volumes in the third quarter. In the context of an inflationary environment for energy and input costs, we continued our efforts to improve operational performance. Our industrial footprint adaptation plan has now been implemented and is starting to deliver results, especially in Germany. Combined with strict cost discipline, these actions allowed us to maintain profitability in line with H1 while pushing ahead with our cash generation and deleveraging effort. We confirm our 2026 outlook and our Capital Markets Day on November 18 will provide us with the opportunity to present our mid-term strategic priorities.”
Verallia - 2026 Third Quarter Results: Profitability in Line with H1 Despite Lower Activity, 2026 Outlook Confirmed
* Volumes down in Q3, after a stable H1, reflecting an unfavorable Summer in Europe. Over the first nine months, volumes remained slightly up excluding the expected decline in Germany
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