Germany's Verbio 9M EBITDA surges, raises FY outlook

Verbio SE

13/05/2026 07:12

Overview

Germany biofuels producer's 9M revenue rose 17% yr/yr, driven by strong GHG quota demand

9M EBITDA jumped to EUR 105.7 mln from EUR 22.4 mln, lifted by higher gross margin

Company raised FY 2025/26 EBITDA outlook, citing favorable regulatory and market environment

Outlook

Verbio expects 2025/26 EBITDA at the upper end of EUR 100 mln to EUR 140 mln range

Company expects net financial debt below EUR 140 mln at end of 2025/26

Regulatory changes in Germany seen expanding market opportunities for biofuels sector

Result Drivers

GHG QUOTA DEMAND - Seasonally strong demand and a recovering GHG quota market drove Q3 results, supporting higher trading volumes and selling prices

BIOMETHANE PRODUCTION - Increased biomethane output, driven by the ongoing ramp-up of the Nevada plant, contributed to improved segment results

LOWER GRAIN PRICES - Lower grain purchase prices reduced material costs in the Bioethanol/Biomethane segment, positively affecting margins

Company press release: ID:nEQ6sCpr8a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
9M Sales
EUR 1.34 bln
9M EBITDA
EUR 105.7 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the renewable fuels peer group is "buy"

Wall Street's median 12-month price target for Verbio SE is €43.50, about 30.1% above its May 12 closing price of €33.44

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 48 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)