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Verallia: 2021 First Quarter Results


Verallia: 2021 First Quarter Results
Slight organic decrease in revenue of 2.0%
compared to a strong Q1 in 2020
Stable adjusted EBITDA with an increase in margin to 25.1%
Regulatory News:
Highlights
Decrease in revenue of -6.2% to €605 million in Q1 2021 (-2.0% at constant exchange rates and scope)
(1), compared to high pre-pandemic figures from Q1 2020
Adjusted EBITDA stable at €152 million compared to Q1 2020
Strong improvement in the adjusted EBITDA margin to 25.1%, up 161 basis points
Reduction in net debt leverage to 2.1x adjusted EBITDA for the last 12 months, compared to 2.5x as of 30 March 2020 and 2.0x as of 31 December 2020
Verallia
total of €60 million (1.7% of the capital) ....

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