Lowered GuidanceFY guidance is lowered to around €800m (from close to 2024, i.e. €843m).
Price-Mix/Cost SpreadEBITDA plunged 23% below consensus on a highly unfavourable price-mix/cost spread, compressing margins by 650bps (q/q) and 640bps (y/y).
Revenue MissDespite the improvement, Verallia's adjusted EBITDA came in below estimates due to a weaker net spread and revenue miss.