Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Verallia Société Anonyme is a French Société Anonyme and a leading global producer of glass packaging, recognized as the European leader and the world's third largest in this sector. Founded in 1827 with roots in the Vauxrot glassworks and originally part of Saint-Gobain, it became a standalone corporation in 2015 and went public via an IPO on Euronext Paris in 2019. The company manufactures and sells bottles for still and sparkling wines, spirits, beers, soft drinks, and oils, as well as jars for baby food, dairy, jams, condiments, sauces, vegetables, meat, seafood, and soups. Operating 35 glass production plants, 6 decoration facilities, and 19 cullet processing centers across 12 countries in Europe and Latin America, it serves over 10,000 customers worldwide with an annual output exceeding 16 billion bottles and jars. Verallia emphasizes sustainability through its purpose 're-imagine glass for a sustainable future,' incorporating recycled glass, innovative designs, and initiatives like 100% electric furnaces and CO2 reduction targets. Employing around 11,000 people and headquartered in Courbevoie, France, it plays a vital role in the packaging industry by providing healthy, aesthetic, and eco-friendly solutions for food and beverage sectors.
Operating margin is thin at 9.39%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 3.6% YoY. Margins deteriorated 4.5pp alongside, both lines moving the wrong way.
ROIC dropped from 11.62% to 7.20%, capital efficiency is deteriorating. Net debt of €1.85B represents 6.7x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€3.33B
▼ -3.6% YoY
Net Income (TTM)
€94M
▼ -60.8% YoY
Op. Margin
9.39%
▼ -4.5pp YoY
ROIC
7.20%
▼ -4.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€275M
▲ +4.3% YoY
Op. Cash Flow (TTM)
€532M
▼ -9.4% YoY
Net Debt
€1.85B
Cash & Equiv.
€398M
3Y CAGR: -0.2%
3Y CAGR: -6.1%
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