Professional
Added to YB: 2024-10-21
Pitch date: 2024-10-16
VRLA.PA [bullish]
Verallia Société Anonyme
+2.57%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Verallia Société Anonyme manufactures and sells glass packaging products for beverages and food products worldwide.
Market Cap
EUR 3.4B
Pitch Price
EUR 23.05
Price Target
N/A
Dividend
7.49%
EV/EBITDA
5.37
P/E
11.87
EV/Sales
1.45
Sector
Containers and Packaging
Category
turnaround
Show full summary:
Palm Harbour Capital Portfolio Holding: Verallia Société Anonyme
VRLA.PA: Glass packaging maker. Q2 organic sales -10.4% due to destocking. Spirits/wine focus hurting vs beer. EBITDA -35% YoY on volume/price. Recovery slower than expected, but mid-teens FCF yield provides cushion. Position reduced during boom, waiting for 2H24 recovery.
Read full article (1 min)