Verallia: EPS halved in 2024
(CercleFinance.com) - Verallia reports a halving of its 2024 net income, group share, to E236m, or EPS of E2.
01, as well as a decline in adjusted EBITDA to E842m, i.e. a margin of 24.4%, compared with 28.4% in 2023.
The glass packaging manufacturer generated sales of close to E3.46bn, down 11.5% on a reported basis and on a like-for-like basis (-14% excluding Argentina, impacted by the devaluation of the Argentine peso).
Verallia's Board of Directors has decided to propose a cash dividend of E1.70 per share for 2024, which will be submitted for approval at the AGM to be held on 25 April.
For a year 2025 that begins in an uncertain environment, the group has set itself the target of achieving an adjusted EBITDA close to that of 2024, and more than doubling its free cash flow generation (around E200m).
Copyright (c) 2025 CercleFinance.com. All rights reserved.
01, as well as a decline in adjusted EBITDA to E842m, i.e. a margin of 24.4%, compared with 28.4% in 2023.
The glass packaging manufacturer generated sales of close to E3.46bn, down 11.5% on a reported basis and on a like-for-like basis (-14% excluding Argentina, impacted by the devaluation of the Argentine peso).
Verallia's Board of Directors has decided to propose a cash dividend of E1.70 per share for 2024, which will be submitted for approval at the AGM to be held on 25 April.
For a year 2025 that begins in an uncertain environment, the group has set itself the target of achieving an adjusted EBITDA close to that of 2024, and more than doubling its free cash flow generation (around E200m).
Copyright (c) 2025 CercleFinance.com. All rights reserved.