Verbio's Biodiesel Margins Underwrite Guidance Upgrade as Two Brokerages Reiterate Bullish Calls
Published on 11/14/2026 at 16:54 | Editorial boerse-global.de
Verbio closed the first quarter of its 2026/27 fiscal year with net income of EUR 36.0 million on revenue of EUR 533.6 million, figures released Thursday that arrived alongside an upgraded full-year outlook — and a 7.7% share price decline the following session that left the stock at EUR 23.88.
At the operating line, earnings before interest, taxes, depreciation and amortization came in at EUR 76.1 million for the three months through the end of September. Management pointed to strong biodiesel spreads as a principal contributor to that result, a diagnosis NuWays echoed in its note published yesterday, calling the biodiesel business the key driver of the quarterly surprise and projecting that spreads will hold firm.
Cash Generation Turns Positive
Operating cash flow for the opening quarter reached EUR 34.1 million, leaving EUR 13.5 million of free cash flow after capital expenditure. Net financial debt stood at EUR 83.1 million at the quarter's close. Those balance-sheet metrics cover the first quarter only, whereas the guidance revision applies to the full fiscal year.
Should investors sell immediately? Or is it worth buying Verbio?
On that forward view, Verbio now anticipates group EBITDA at the upper end of its EUR 210 million to EUR 250 million range — a firmer signal than the company had previously given, and one both brokerages flagged in their assessments.
Jefferies and NuWays Hold Their Ground
Jefferies reaffirmed its buy rating and a EUR 42 price target yesterday, with analyst Constantin Hesse saying the latest quarterly figures reinforced his view of a markedly improved earnings trajectory. NuWays likewise maintained its buy recommendation and a EUR 41 target, lifting its EBITDA estimate for 2026/27 to EUR 250 million — the very top of the guided range.
The retreat in the share price came in the wake of the quarterly release and the stronger annual forecast, a divergence between operating momentum and market pricing that leaves the two brokers' targets implying substantial upside from current levels.
Ad
Verbio Stock: New Analysis - 14 November
Fresh Verbio information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
