Verbio SE: Preliminary EBITDA for the 2024/2025 financial year below forecast; non-cash impairments in the 2024/2025 consolidated financial statements
Leipzig, August 6, 2025 - Based on preliminary figures for the 2024/2025 financial year, Verbio achieved preliminary earnings before interest, taxes, depreciation and amortisation (EBITDA) of around EUR 14 million. This figure is below the most recent forecast: The Management Board had expected EBITDA in the mid double-digit million range, which it specified at the lower end of the range when it published its nine-month figures.
Before special items, Verbio achieved a preliminary EBITDA of approximately EUR 31 million. The special items mainly include impairment allowances on inventories in connection with the absence of a significant short-term recovery in GHG quota prices as of the reporting date.
In addition, a non-cash impairment of approximately EUR 66 million on non-current assets was recognised in the consolidated balance sheet, subject to the pending audit of the consolidated financial statements. The impairment relates to the straw biomethane plant in Iowa, USA, and other small-scale projects. The total impairment of the straw biomethane plant is mainly due to a reduced short- to medium-term earnings potential as a result of changed external market conditions for cellulosic-based fuels in conjunction with investment expenditures exceeding the planned level during the COVID-19 pandemic.
Verbio's biomethane from stillage is not a cellulosic-based fuel and is not affected by these unfavourable market conditions. The product benefits from higher economic efficiency thanks to our combined ethanol and biomethane technology, more attractive raw material costs and, as a result, access to other market segments with specific demand and price structures. For the straw biomethane plant in Iowa, Verbio is currently examining the expanded use of grain stillage and alternative raw and residual materials from industry and agriculture.
Net financial debt as of June 30, 2025 was around EUR 164 million, in line with the maximum expectation of EUR 190 million. With a preliminary equity ratio of close to 60% at the end of the financial year, the balance sheet remains stable.
About Verbio
At Verbio we make more from biomass. In our biorefineries we convert raw materials and residual products from regional agriculture into climate-friendly fuels, green energy, and renewable products for the chemical industry and agriculture. In addition, we create high-value components from sustainably-generated biomass for the animal feed and foodstuff industries. We employ more than 1,400 people at our locations in Europa, Asia, and North America. Our motto “Pioneering green solutions” sums up what drives our international team: with innovative technologies and green solutions, we are shaping the social and industrial transformation toward climate neutrality and ecological production. We contribute to preserving natural resources and to safeguarding the planet’s environment for future generations. We combine global growth with commercial success. For us, climate protection is an expression of social responsibility. At the same time, we contribute to security of supply by converting locally available biomass into renewable energy sources and biobased chemicals. Verbio shares (ISIN DE000A0JL9W6/WKN A0JL9W) have been listed in the prime standard segment of the Frankfurt Stock Exchange since October 2006. Our headquarters are in Zörbig, Germany.
Important notice
This publication contains forward-looking statements that are based on assumptions and estimates made by the management of Verbio SE. Although the Company’s management is of the opinion that these assumptions and estimations are realistic, actual future developments and actual future results may differ significantly from these assumptions and estimates due to a variety of factors. For example, these factors can include changes to the overall economic climate, changes to the legal and regulatory framework in Germany and the EU, and changes in the industry. Verbio can give no guarantee and accepts no liability as to whether future development and the results actually achieved in future will match the assumptions and estimates made in this publication.
Contact:
Verbio SE
Ritterstraße 23 (Oelßner's Hof)
04109 Leipzig
Alina Köhler (IR)
Ulrike Kurze (PR)
+49(0)341/308530-299
E-Mail:
ir@verbio.de/
pr@verbio.de