Added to YB: 2024-07-29
Pitch date: 2024-07-26
VRLA.PA [neutral]
Verallia Société Anonyme
-5.03%
current return
Author Info
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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 24.89
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:
Equity Heritage Portfolio Review - July 2024 - Verallia Société Anonyme
VRLA.PA: Glass packaging co. H1 results: demand recovery slow, rev -18% YoY, EBITDA margin 24.4% vs 30.8%. 2024 EBITDA target cut to €866M. Debt 1.9x EBITDA. Acquired Vidrala's Italy ops for €230M. Mgmt sees volume bottoming. PER 12.4x on pessimistic 2024 est. Keep, cycle low likely passed.
Read full article (1 min)