Verallia Cuts 2025 Adj EBITDA Target To Around EUR 800 Mln

Verallia SA VRLA:

• Q1 REVENUE EUR 818 MILLION

• Q1 EBITDA ADJUSTED EUR 147 MILLION

• ADJUSTED EBITDA 2025 NOW EXPECTED TO BE AROUND EUR 800 MILLION

• OUTLOOK 2025: UPS FCF GENERATION TARGET TO MORE THAN EUR 200 MILLION

• FCF IN 2025 NOW EXPECTED ABOVE EUR 200 MILLION

• IN GERMANY, PUTS COST AND HEADCOUNT REDUCTION PLAN IN MOTION

• COST REDUCTION PLAN REGARDS SITES IN BAD WURZACH AND ESSEN

• COST REDUCTION PLAN IN GERMANY: EXPECTS ABOUT 100 LAYOFFS FOR ESTIMATED COST OF 10 MILLION EUROS