Verallia has announced that credit rating agency Standard & Poor’s has lowered the Group’s long-term credit rating from BBB- to BB+ with a stable outlook, amid market slowdown. The rating assigned to Verallia’s unsecured notes has also been downgraded to BB+.
Verallia acknowledges this decision and remains focused on continuing to improve its competitiveness, cash generation and deleveraging. As of 31 December 2025, Verallia’s net debt ratio stands at 2.7x adjusted EBITDA1. In addition, the Group maintains a strong level of liquidity of EUR 870 million and has no significant debt maturing before 2028.