Verallia,Courbevoie (VRLAF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Veralia Financial Results for Financial Year 2024. Please note this call is being recorded and for the durations of the call, your lines will be on listened only. However, you will have the opportunity to ask questions at the end of the call. This can be done by pressing star 1 on your telephone keypad to register your question. If you require assistance at any point, please press star 0 and you will be connected to an operator. I will now hand you over to your host, Patrice Lucas, to begin today's conference. Please go ahead, sir. Good morning, everyone, and welcome to our call for Q4 and full year 2024 financial results. As usual, Nathalie and I will go through our presentation and we'll have a Q&A session at the end. I will share with you some key highlights, and Nathalie will present in detail our members. And then I will come back on our guidance. So to start with, just to remind you that Veralia is a global leader in glass packaging. We are number one in Europe, number two in Latin America, and number three worldwide. On this chart, you have our ID card. You have on the left the 24th split of our sales by segment. As a reminder as well, one of our strong assets is our customer base, more than 10,000, and the diversified end market in which we are operating. In 2024, steel wine represented 32% of our sales and sparkling wine, 12%. Spirits, 16%. Beer, 12%. soft drinks, 11%, and food, 17%. We do operate in 12 countries with 35 plants with 64 pharmacies after the closing of one pharmacy in Essen and the acquisition of two pharmacies in Italy. Please note as well that we are running 19 collect recycling centers, allowing us to control about 50% of our needs for external collect. Let's now move to some key highlights of 2024. Despite the mark...