What was Versalis' proforma adjusted operating loss for Q1, and how does it compare to the same period last year?

Versalis reported a proforma adjusted operating loss of €158 million for the first quarter, narrowing from a loss of €243 million in the corresponding period of the previous year.

What were the main drivers behind the reduction in Versalis' operating loss in Q1?

The narrower loss reflects ongoing restructuring, including the closure of 11 plants in the prior year, which offset the adverse market scenario characterized by rapidly escalating oil-based feedstock and plant utility costs that were not passed through to final commodity plastics prices due to macro headwinds and competitive pressures.

Versalis losses narrow on restructuring

Apr 24, 2026

Versalis SpA narrowed its Q1 operating loss to €158 million following plant closures and restructuring. High feedstock costs pressured margins, though Middle East supply disruptions improved certain polyethylene spreads.

chemweek

2025-10-24

Revamped Versalis sees earnings uptick despite market headwinds

2026-01-13

Versalis Resumes Butadiene and E-SBR Unit Operations in Italy

2026-04-24

Versalis losses narrow on restructuring

2026-07-22

Versalis Shuts PE Plant at Brindisi, Italy

2026-07-28

Versalis Shuts Down Brindisi PE Unit