Verbio SE (VBVBF) Q4 2026 Earnings Call Transcript

Verbio SE ( VBVBF ) Q4 2026 Earnings Call September 24, 2026 8:00 AM EDT Company Participants Claus Sauter - Founder, Chairman of Management Board & CEO Olaf Troeber - CFO & Member of Management Board Conference Call Participants Manuela Stuerzer - Deutsche Bank AG, Research Division Presentation Operator Good day, ladies and gentlemen, and a warm welcome to today's earnings call of Verbio SE following the publication of the full year figures 2025, 2026. CEO Claus Sauter, and CFO Olaf Troeber will speak in a moment and guide you through the presentation and the numbers. [Operator Instructions] We are looking forward to the presentation. And with that, I hand over to you, Mr. Sauter. Claus Sauter Founder, Chairman of Management Board & CEO Thank you very much. Thank you, everyone, for joining us today. Today, Olaf and I will take you through the results of the financial year 2025/2026 and our outlook for the new financial year 2026/2027. The financial year development or developed more positively than we had originally anticipated. Market conditions improved over the course of the year, while the regulatory environment moved in the right direction. At Verbio, we continued to improve our operations and moved important projects forward. The past year also highlighted another development. After many years of political hesitation, biomass is increasingly being recognized as part of the solution for energy security, affordable energy supply, and defossilization. I will come back to this topic later. Let me now start with a brief overview of the financial year before handing over to Olaf for our fourth quarter performance. Production reached new record levels with slight growth in biodiesel and bioethanol production and a significant increase in biomethane output. This was supported by the continued ramp-up in Nevada and improved utilization across our production facilities. Our