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Verallia SAS (VRLA.PA)

VRLA.PA on Paris Stock Exchange

28.10EUR
25 Nov 2020
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Latest Key Developments (Source: Significant Developments)

Verallia H1 EBITDA Down At 299 Million Euros
Thursday, 30 Jul 2020 

July 30 (Reuters) - Verallia SAS ::H1 NET PROFIT 79 MILLION EUR.RESILIENCE OF GROUP IN CONTEXT OF COVID-19 PANDEMIC.REVENUE DECLINE OF 4.1% TO EUR 1,275 MILLION (-0.9% AT CONSTANT EXCHANGE RATES AND SCOPE) COMPARED TO H1 2019.IN Q2 2020, REVENUE DOWN BY -9.6% TO EUR 630 MILLION (-5.4% AT CONSTANT EXCHANGE RATES AND SCOPE) COMPARED TO Q2 2019.SLIGHT DECLINE OF ADJUSTED EBITDA DOWN TO EUR 299 MILLION IN H1 2020 COMPARED TO EUR 313 MILLION IN H1 2019.H1 ADJUSTED EBITDA MARGIN AT 23.4% COMPARED TO 23.5% IN H1 2019.H1 NET INCOME AT EUR 79 MILLION.IMPROVEMENT IN NET DEBT LEVERAGE TO 2.5X ADJUSTED EBITDA FOR LAST 12 MONTHS, COMPARED TO 2.6X AS AT DECEMBER 31, 2019.DIVIDEND PAID IN SHARES FOR 87% OF SHAREHOLDERS, LIMITING IMPACT ON CASH FLOW TO EUR 13 MILLION IN JULY.TRANSFORMATION PLAN IN FRANCE TO ADAPT ORGANIZATION TO MARKET CHANGES AND IMPROVE COMPETITIVENESS.FOR YEAR 2020, VOLUMES ARE EXPECTED TO BE DOWN BY AROUND -5% COMPARED TO 2019.ADJUSTED EBITDA FORECAST FOR THIS YEAR SHOULD BE SLIGHTLY ABOVE THAT OF 2018, THAT AMOUNTED TO EUR 543 MILLION.IN 2020 GROUP WILL CONTINUE TO DELEVERAGE AFTER DIVIDEND PAYMENT.BELIEVES THAT Q2 OF 2020 SHOULD BE A LOW POINT IN TERMS OF SALES VOLUMES AND THAT FOLLOWING QUARTERS SHOULD SHOW MORE FAVOURABLE VOLUME MOMENTUM.CONFIRMS THUS OTHER FINANCIAL OBJECTIVES BETWEEN NOW AND 2022.  Full Article

Verallia: 86.93% Shareholders Opt For Dividend In Shares
Tuesday, 7 Jul 2020 

July 7 (Reuters) - Verallia SAS ::SHARE OF DIVIDEND TO BE PAID IN CASH TO SHAREHOLDERS WHO HAVE NOT OPTED FOR PAYMENT IN NEW SHARES AMOUNTS TO EUR 13.1 MILLION.SHAREHOLDERS HAVING ELECTED TO RECEIVE 2019 DIVIDEND PAYMENT IN SHARES REPRESENT 86.93% OF COMPANY'S SHARE CAPITAL.  Full Article

Verallia Withdraws 2020 Guidance, To Pay EUR 0.85 Dividend
Tuesday, 28 Apr 2020 

April 28 (Reuters) - VERALLIA SAS ::Q1 REVENUE 645 MILLION EUR.Q1 ADJUSTED EBITDA GROWTH REACHING EUR 151M, UP 6.5% COMPARED TO Q1 2019 (+9.6% AT CONSTANT EXCHANGE RATES AND SCOPE).WITHDRAWAL OF 2020 GUIDANCE DUE TO LIMITED VISIBILITY LINKED TO COVID-19 EPIDEMIC.PROPOSAL TO PAY A DIVIDEND PER SHARE OF EUR 0.85, WITH PAYMENT IN CASH OR IN NEW SHARES.REVENUE OF EUR 645M, COMPARED TO EUR 633M IN Q1 OF 2019, AN INCREASE OF 1.9% ON A REPORTED BASIS.NET DEBT REACHED EUR 1,574M AT END OF MARCH 2020, I.E. 2.5X ADJUSTED EBITDA FOR LAST 12 MONTHS, COMPARED TO 2.6X AS OF DECEMBER 31, 2019.  Full Article

Verallia FY Net Income Up At 125 Million Euros
Thursday, 20 Feb 2020 

Feb 20 (Reuters) - VERALLIA SAS ::FY NET PROFIT EUR 125 MILLION VERSUS EUR 49 MILLION YEAR AGO.PROPOSAL TO PAY A DIVIDEND PER SHARE OF EUR 0.85, IN LINE WITH EUR 100M ANNOUNCED AT TIME OF IPO.POSITIVE OUTLOOK FOR 2020 AND CONFIRMATION OF MEDIUM-TERM OBJECTIVES.REDUCTION IN NET DEBT TO EUR 1,591M AT END OF 2019 I.E. 2.6X ADJUSTED EBITDA.FY NET INCOME MORE THAN DOUBLED TO EUR 125M COMPARED TO EUR 49M IN 2018.IMPROVEMENT IN FY ADJUSTED EBITDA MARGIN AT 23.8% (UP 130 BPS COMPARED TO 2018).STRONG 9.1% ORGANIC REVENUE GROWTH COMPARED TO 2018, IN LINE WITH GUIDANCE BETWEEN +8% AND +10%.FY GROWTH IN ADJUSTED EBITDA TO EUR 615M, IN LINE WITH GUIDANCE ABOVE EUR 610M (UP 13.2% COMPARED TO 2018 AND UP 16.0% AT CONSTANT EXCHANGE RATES AND SCOPE).  Full Article

Controlling Shareholder Of Verallia Announces Establishment Of Bank Financing Of "Margin Loan" Type
Friday, 20 Dec 2019 

Dec 20 (Reuters) - HORIZON PARENT HOLDINGS: :CONTROLLING SHAREHOLDER OF VERALLIA <<>>, ANNOUNCES ESTABLISHMENT OF BANK FINANCING OF "MARGIN LOAN" TYPE.THE IMPLEMENTATION OF THE OPERATION WILL HAVE NO IMPACT ON VERALLIA AND, IN PARTICULAR, ON ITS DIVIDEND DISTRIBUTION POLICY.BPIFRANCE PARTICIPATIONS NOW OWNS ALL OF ITS DIRECT PARTICIPATION IN CAPITAL OF VERALLIA (7.48% OF THE CAPITAL) .  Full Article

Approval Of Verallia's Registration Document By French AMF
Thursday, 5 Sep 2019 

Sept 5 (Reuters) - VERALLIA PACKAGING SASU ::VERALLIA ANNOUNCES THE APPROVAL OF ITS REGISTRATION DOCUMENT BY THE FRENCH AUTORITÉ DES MARCHÉS FINANCIERS.VERALLIA SAYS APPROVAL OF REGISTRATION DOCUMENT CONSTITUTES FIRST STEP OF ITS CONTEMPLATED IPO ON EURONEXT PARIS.VERALLIA SEES FY ORGANIC CONSOLIDATED REVENUE GROWTH OF BETWEEN 6% AND 8%.VERALLIA SEES FY ADJUSTED EBITDA OF APPROX EUR 610 MILLION.  Full Article