Verallia : Too early to revisit the glass sector
Q3 2024 results brought a glimmer of hope with a resumption of volume growth, for the first time in two years. The destocking cycle is finally drawing to a close in mass-market products (e.g. beer, soft drinks, food, etc.), but continues to linger in premium products (wines & spirits), where Verallia has a strong foothold. Premium products also continue to be hampered by sluggish end demand, with volatile harvests and the risk of additional customs duties. Caution therefore remai...Verallia SAS Formerly known as Verallia SASU. Verallia SASU is a France-based company, which operates as a producer of glass packaging solutions. The Company manufactures a number of jars and bottles for various markets, including the still and sparkling wine, spirits, food, as well as the beer and nonalcoholic sectors. Apart from France, the Company also operates in many countries in Western Europe, Eastern Europe and South America, among others.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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