Verbio Releases Q3 2024/25 Financial Results

Verbio SE has announced its financial results for the third quarter of the 2024/25 financial year. The company reported a Q3 EBITDA of EUR 8.2 million, a slight increase from the same quarter last year. Despite this, group revenues fell by 13% over the first nine months of the fiscal year to EUR 1,146.5 million, primarily due to a weak performance in the first quarter.

Biodiesel remained the key earnings driver, even with reduced production in Canada due to regulatory changes in the USA. Despite a decrease in sales, the segment's EBITDA improved significantly. Conversely, both production and sales in the Bioethanol/Biomethane segment reached new records, though revenues saw a decline.

The company is focused on stabilizing operations at its Nevada plant, which forms a crucial part of Verbio's growth strategy. With investment priorities set and expenses optimized, Verbio aims to enhance its competitiveness in a challenging market environment.