Verbio's Q2 2024/25 EBITDA Shows Significant Recovery Amid Market Challenges

Verbio Vereinigte BioEnergie AG reported a notable recovery in its EBITDA for the second quarter of the financial year 2024/25, achieving EUR 20.8 million compared to EUR -6.6 million in the prior quarter. This improvement was largely driven by strong performance in the Biodiesel segment, which generated revenue of EUR 242.5 million with an EBITDA of EUR 36.6 million, more than doubling from the first quarter of 2024/25.

The biodiesel segment's success was attributed to favorable rapeseed oil purchases leading to attractive product margins. However, the Bioethanol/Biomethane segment faced challenges, with revenues falling due to declining sales prices and planned maintenance affecting production volumes. EBITDA for this segment improved slightly to EUR -15.3 million from EUR -21.5 million in the previous quarter.

Despite challenging market conditions, Verbio maintains a focus on cash flow growth. Financial investments in strategic projects have increased net financial debt to EUR 97 million as of December 31, 2024. The company remains optimistic about future cash flow improvements and a recovery in GHG quota prices.