Verbio Se (VBVBF) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and a warm welcome to today's earnings call of Vervio SE, following the publication of the Q3 figures of 2025 and 26. CFO Olaf Trüber and Head of IR Alina Köhler will speak in a moment and guide us through the presentation and the results. After the presentation, we will move on to a Q&A session in which you will be allowed to place your questions directly to the management. We're looking forward to the presentation, and with this, I hand over to you, Mr. Trüber. Thank you, Martha. Good afternoon, everyone. Thanks for joining our nine months and third quarter 25-26 earnings call. Well, we had a very strong third quarter, supported by improving market conditions. Our teams executed well in a fast-moving environment and the strength of our diversified portfolio did the rest. We also saw an important positive industry development year-to-date with the final implementation of the Renewable Energy Directive 3 in Germany and the finalization of the largest renewable volume obligations in the US ever for 26 and 27. Now, given the ongoing strength in market supported by the favorable regulatory environment and geopolitical factors, We are now expecting our full year EBITDA to come in at the upper end of our prior guidance range, which we had lifted to 100 to 140 million Euro in our ad hoc release in March. Let me now walk you through the key metrics of the first nine months of 2025-2026. which showed a strong performance across the entire board. Starting off with production volumes. As you can see from the chart on the left, our biodiesel output was at the same level as the same period last year with 458,000 tons in the first half of 2025-2026. Our ethanol and biomethane production increased year on year to 431,000 tons and more than warm tera...