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Vidrala: Fiscal year 2024 financial results

Vidrala produces glass containers for food and beverage products and offer a wide range of services, including logistics solutions and packaging operations. With a strong industrial track record, expanding geographical presence, and deep technical knowledge, Vidrala is a strategic partner to many of the leading brands in the consumer world.

Industrial ambition, investment effort, expansion in Brazil and refocus on three core regions
2024 has been a year of progress, marked by our entry into Brazil, the divestment of Italy, a large series of ambitious industrial investments in Europe, and the integration of the large bottling facility in Bristol (UK).

These moves are part of a broad strategy that, in recent years, has seen us execute multiple differential investments that result in a refocus into three key divisions, a strengthening of long-term partnerships with strategic customers, and the establishment of foundations for potential development in growing regions.

Vidrala’s commitment remains clear: To serve its customers, manufacturing glass containers and providing packaging services in the most efficient, cost-effective, and sustainable way, while ensuring the safety and well-being of its workers. Vidrala looks to the future with optimism and determination, investing more ambitiously than ever with customer in mind, prepared to face new challenges and contributing to the progress of the packaging industry.

Glass, the ultimate expression of product identity
Glass is much more than just a packaging material: it is the ultimate sustainable choice. Its infinite recyclability, natural origin, and unparalleled ability to preserve product quality make it the best choice for brands and consumers alike. Its transparency, elegance, and versatility not only protect the product but also serve as an ambassador for its identity, capturing the essence of each drink and food in its fullest expression.

Highlights

  • Sales in the year 2024 amounted to EUR 1,588.3 million, showing a growth of +0.2 percent on constant currency and comparable scope.
  • Operating profit, EBITDA, amounted to EUR 454.0 million representing an operating margin of 28.6 percent.
  • Earnings per share increased +28.5 percent over the same period last year, to EUR 8.85 per share.
  • Net debt as of December 31, 2024 was reduced to 248.3 million, equivalent to 0.6x times last twelve months EBITDA.

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