2024 annual results: Verallia demonstrates robust profitability in a challenging market. The Group has advanced its strategic initiatives, including the inauguration of the first 100 percent electric furnace in France and the completion of a new acquisition in Italy.
- EUR 3.456 million of revenue and an organic volume growth confirmed in the fourth quarter
- Adjusted EBITDA margin at 24.4 percent
“Following an exceptional year in 2023, Verallia successfully adapted to the uncertainties of 2024, marked by ongoing destocking effects that weighed on demand recovery,” said Patrice Lucas, Chief Executive Officer of Verallia. “The Group continues to demonstrate robust profitability, underpinned by solid fundamentals. We have maintained stringent cost and investment management while advancing our strategic initiatives, including the inauguration of the first 100 percent electric furnace in Cognac and the completion of a new acquisition in Italy.
“In the face of a still uncertain market environment, our priority for 2025 will be cash generation, with strict cost control and the continued positive impact of the Performance Improvement Plan (PAP).”
The full report is available here.