Verbio SE Reports Preliminary 2024/2025 EBITDA Below Forecast

Verbio SE has announced that its preliminary earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the 2024/2025 financial year stand at approximately EUR 14 million, falling short of earlier forecasts. This result contrasts with the management's expectations of a mid double-digit million range EBITDA. Adjusted for special items, the preliminary EBITDA was around EUR 31 million, with impairments due to a lack of short-term recovery in GHG quota prices impacting results.

The company recognized a non-cash impairment of about EUR 66 million on non-current assets, notably affecting the straw biomethane plant in Iowa. This impairment arose from reduced earnings potential amid changing market conditions and higher-than-planned investments during the COVID-19 pandemic. Verbio's net financial debt by June 2025 was around EUR 164 million, with an equity ratio close to 60%, reflecting a stable balance sheet.