Verbio SE reported first-quarter EBITDA of EUR 76.1 million, up from EUR 15.4 million a year earlier, and positive operating and free cash flow. The company raised its full-year EBITDA outlook to the upper end of EUR 210 million to EUR 250 million.
Management said production issues in North America have been resolved.
Stronger biodiesel and bioethanol margins at Verbio point to healthy demand for vegetable oil and feedstock in the German biofuel sector. The effect on feed commodity prices is limited.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.