Vidrala closed the first quarter of the year with a net profit 13% higher, recording EUR 53.7 million up to March, equivalent to earnings per share of EUR 1.53.
Furthermore, the industrial group managed to maintain its EBITDA at EUR 104 million (-0.6 percent) and a sales margin of 28.3 percent, higher than the previous year’s, bolstered by internal cost control measures.
In terms of sales, Vidrala achieved a turnover of EUR 367.5 million up to March, representing a slight decrease of 1.3 percent compared to the same period last year.
In an adverse context due to the war in the Middle East and continued weak demand in Europe and the UK, the company’s results were favoured by the performance of the business in South America. This new geographical business platform, launched in early 2024 with production bases in Brazil and Chile, already contributes more than 20 percent of the group’s total sales.
On the other hand, debt stands at EUR 273.1 million. This figure, which already includes the EUR 75 million acquisition of Vidrala Chile, represents a low level of leverage equivalent to 0.6x the last twelve months’ EBITDA.
Raúl Gómez, CEO of Vidrala, said, “Despite the adverse context of the war in the Middle East, rising energy costs, and persistent competitive pressure, our first-quarter results—driven by our internal cost control actions—are a testament to the solid future we are building.”
Outlook for 2026
On this basis, the Group remains confident in its new business model and today announces a favourable outlook for the whole of 2026, which would see earnings per share grow by more than 5 percent thanks to operational actions, the contribution of the new perimeter, and the control of financial costs.
Even with the major challenges presented by the current environment, Vidrala expects its management to enable EBITDA to reach EUR 450 million, surpassing the previous year. Additionally, the company expects to generate around EUR 200 million in free cash flow, consolidating a differential profitability profile after completing a new phase of ambitious industrial investment.
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