Verbio jumps as earnings top forecast
BUZZ-Verbio jumps as earnings top forecast ** Verbio VBKG.DE shares climb 6.5% after the biofuels producer reported preliminary earnings for the financial year 2025/26 ahead of its previously announced guidance
** The German company expects EBITDA for the fiscal year ending on June 30, 2026 of around €192 million ($220.90 million), compared to the earlier forecast of €160 million to €180 million
** Jefferies describes earnings as "solid" and says the preliminary figure is about 20% ahead of consensus
** Verbio also posted net debt of around €92 million, down about 45% from a year ago
** Including today's rise, the stock has gained nearly 40% year-to-date
($1 = 0.8692 euros)
(Reporting by Danny Callaghan)
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