Vidrala Sa · BME:VID
Vidrala Sa — FY2021 Earnings Presentation
14 slides from Vidrala Sa's earnings presentation, Jan 28, 2022
Slide 1: FY 2021 Results
FY 2021 RESULTS 28th JANUARY 2022
Slide 2: Disclaimer
DISCLAIMER This presentation includes or may include representations or estimations concerning the future about intentions, expectations or forecasts of VIDRALA or its management. which may refer to the evolution of its business performance and its results. These forward-looking statements refer to
Slide 3: FY 2021 Key Figures
FY 2021 KEY FIGURES FY 2021 Change Organic change (constant currency basis) Sales (EUR million) 1,084.2 +9.7% +8.2% EBITDA (EUR million) 267.7 -4.3% -5.7% Earnings per share (EUR) 4.88 -8.8% Debt (EUR million) 97.1 -58.4% Debt / LTM EBITDA (multiple) 0.4x -0.4x 3
Slide 4: Sales
SALES YEAR OVER YEAR CHANGE EUR million 1.200 +9.7% +1.5% YoY 1.100 +8.2% 1,084.2 1.000 988.4 900 800 700 FY 2020 Organic FX FY 2021 4
Slide 5: EBITDA
EBITDA YEAR OVER YEAR CHANGE EUR million 300 -5.7% -4.3% +1.4% YoY 279.8 250 267.7 200 150 FY 2020 Organic FX FY 2021 5
Slide 6: Operating Margin
OPERATING MARGIN YEAR OVER YEAR CHANGE As percentage of sales 30% 28.3% 28% 26% 24.7% 24% -360 bps 22% 20% FY 2020 FY 2021 6
Slide 7: Earnings Per Share
EARNINGS PER SHARE YEAR OVER YEAR EVOLUTION, SINCE 2017 EUR per share 7,5 -8.8% YoY 5.35 4.88 5,0 2,5 0,0 2017 2018 2019 2020 2021 *Important: In order to improve comparability, historical data has been adjusted for the effect of bonus share issues. 7
Slide 8: Cash Profile
CASH PROFILE FREE CASH FLOW GENERATION LAST 12 MONTHS TO JUNE 2021 EUR million / as percentage of sales 300 24.7% 250 -10.1% 200 +1.3% 15.9% 150 100 50 0 EBITDA Capex WC & Others FCF 8
Slide 9: Net Debt
NET DEBT SIX-MONTHLY EVOLUTION, SINCE 2019 EUR million and times EBITDA 500 1,5x 1.2x 400 1.1x 1,0x 300 0.8x 0.6x 200 335 0,5x 294 0.4x 100 233 173 97 0 0,0x Dec-19 Jun-20 Dec-20 Jun-21 Dec-21 9
Slide 10: FY 2021 Results | Main Highlights
FY 2021 RESULTS | Main highlights ORGANIC TOP-LINE GROWTH OF 8.2% Sales in the year 2021 amounted to EUR 1,084.2 million, showing an organic growth of 8.2% OPERATING MARGIN OF 24.7% Operating profit, EBITDA, amounted to EUR 267.7 million representing an operating margin of 24.7%, affected by growing
Slide 11: Responsible Consumption: The Journey of a Recycled Package
RESPONSIBLE CONSUMER CONSUMPTION COLLECTION THE JOURNEY OF A RECYCLED PACKAGING RECYCLING PRODUCTION asecreleg PON So INFINITE — CYCLE "edced bh vidrala
Slide 12: Annex | Alternative Performance Measures (APM)
ANNEX | ALTERNATIVE PERFORMANCE MEASURES (APM) Vidrala publishes this information in order to promote comparability and interpretation of its financial information and in compliance with the Directive of the European Securities and Markets Authority (ESMA) on Alternative Performance Measures (APM).
Slide 13: Annex | Alternative Performance Measures (APM)
ANNEX | ALTERNATIVE PERFORMANCE MEASURES (APM) i) EBITDA EUR million FY 2021 FY 2020 Source of data Profit before income tax from continuing operations 172,514 189,166 Consolidated Income Statement Amortisation and depreciation +86,284 +84,144 Consolidated Income Statement Finance income -114 -1,746
Slide 14: Vidrala, S.A. Investor Relations
VIDRALA, S.A. Investor Relations Tel: +34 94 671 97 50 investors@vidrala.com www.vidrala.com