Verbio Se · XETR:VBK
Verbio — Q1 2026 Earnings Presentation
15 slides from Verbio's earnings presentation, Nov 12, 2025
Slide 1: Q1 2025/26 Earnings Call
Q1 2025/26 Olaf Tröber (CFO), Alina Köhler (IR) Earnings Call 12.11.2025
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements that are based on current assumptions and estimates made by the management of Verbio SE. Although the Company’s management is of the opinion that these assumptions and estimates are realistic, actual future developments and actual futu
Slide 3: Key figures Q1 2025/26
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Key figures Q1 2025/26 Production in kt* and GWh EBITDA in € m Net debt in € m Equity ratio Biodiesel in kt Bioethanol in kt RNG in GWh 336.1 271.2 203.8 164.0 58.2% 57.9% 161.8140.0 166.9153.7 15.4 -6.6 Q1 24/25 Q1 25/26 25/26 Q1 25/26 30.06.
Slide 4: Co-products drive a premium versus the market
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Co-products drive a premium versus the market Development of gross margin o Increased premium vs. the market yoy and qoq thanks to co-products revenues and non- in €/t of biodiesel and bioethanol sold recurrence of inventory write-downs 1 Verb
Slide 5: Overview Q1 2025/26: Positive momentum across all segments
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Overview Q1 2025/26: Positive momentum across all segments Group EBITDA by segments Q1 2024/25 vs. Q1 2025/26 vs. Q4 2024/25 in € m 50 Biodiesel Bioethanol Other Group 40 30 2.3 20 15.4 10 22.6 20.8 15.4 0 -9.5 -10 -21.5 -6.6 -26.3 -8.2 -20 -0
Slide 6: Biodiesel segment: Stable earnings contributor
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Biodiesel segment: Stable earnings contributor Sales in € m EBITDA in € m Production in kt 30 50.0% 400 EBITDA margin 22.6 40.0% 20.8 300 244.4 244.1 20 30.0% 200 160.1 166.9 20.0% 10 8.5% 9.3% 10.0% 100 0.0% 0 0 -10.0% Q4 24/25 Q1 Q125/26 25/
Slide 7: Biodiesel market development (Europe)
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Biodiesel market development (Europe) Market spreads in €/t Biodiesel and rapeseed oil in €/t of biodiesel in 2025/26 400 1,300 2024/25 1,200 300 2025/26 1,100 200 1,000 Biodiesel 100 900 Rapeseed oil 0 800 Jul Aug Sep Oct Nov Dec Jan Feb Mar
Slide 8: Bioethanol/Biomethane segment
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Bioethanol/Biomethane segment Sales in € m Q4 24/25 Q1 25/26 Bioethanol Production in kt EBITDA in € m RNG Production in GWh 400 20.0 325.0 336.1 10.0 300 191.2 0.0 186.1 200 162.6 153.7 -10.0 -9.5 100 -20.0 0 -30.0 -26.3 Q4 24/25 Q1 Q1 25/26
Slide 9: Bioethanol market development (Europe)
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Bioethanol market development (Europe) Market spreads in €/t Bioethanol and wheat in €/t of bioethanol in 2025/26 300 2024/25 900 Bioethanol 2025/26 Wheat 800 200 700 100 600 0 500 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oc
Slide 10: Bioethanol market development (USA)
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Bioethanol market development (USA) Market spreads in €/t Bioethanol and corn in €/t of bioethanol in 2025/26 300 2024/25 600 Bioethanol 2025/26 Corn 200 500 100 400 0 300 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Slide 11: GHG quota development
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A GHG quota development GHG quota price development in €/t CO2-eq Leak of a new draft o Movement mainly driven by news around RED III version transposition Ministerial agreement: 250 double counting will be o Market activity increased since firs
Slide 12: Guidance 2025/26 confirmed
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Guidance 2025/26 confirmed 2023/24 2024/25 2025/26E Emissionsreduktion bei Erdgasfahrzeugen Production im Vergleich zu Diesel Biodiesel Capacity in kt 710,000 t 710,000 t 710,000 t Capacity utilisation 89.8% 87.2% ↑ yoy Bioethanol Capacity 800
Slide 13: You can participate in the Q&A in one of the following ways:
Q1 in brief Q1 financial performance Outlook 2025/26 Q&A Q&A You can participate in the Q&A in one of the following ways: 1. Type your question: o Enter your question in the chat box. o Be sure to include your name and company name. 2. Request to Use Your Microphone: o Type the word “Question” into
Slide 14: Point of contact
Point of contact Ulrike Kurze Alina Köhler Marketing & PR Investor Relations Ritterstraße 23 (Oelßner‘sHof) Ritterstraße 23 (Oelßner‘sHof) 04109 Leipzig 04109 Leipzig E-Mail: pr@verbio.de E-Mail: ir@verbio.de 14
Slide 15: Verbio SE
Verbio SE Ritterstraße 23 T +49 341 308530-0 04109 Leipzig F +49 341 308530-999 Germany info@verbio.de www.verbio.de