Vidrala Sa · BME:VID
Vidrala Sa — Q1 2025 Earnings Presentation
11 slides from Vidrala Sa's earnings presentation, Apr 29, 2025
Slide 1: Q1 2025 Results
Q1 2025 RESULTS 29th APRIL 2025
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: Q1 2025 Key Figures
Q1 2025 KEY FIGURES Q1 2025 Change Change at constant currency & comparable scope Sales (EUR million) 372.5 -11.2% -6.6% EBITDA (EUR million) 104.6 -4.8% +1.4% Earnings per share (EUR) 1.42 -9.0% Debt (EUR million) 289.2 -45.4% Debt / LTM EBITDA (multiple) 0.7x -0.5x Debt figure and leverage ratio d
Slide 4: Sales
SALES YEAR OVER YEAR CHANGE EUR million 450 -4.1% -7.4% -6.6% 419.4 YoY 402.4 -0.8% 350 372.5 250 150 Q1 2024 Scope Q1 2024 Organic FX Q1 2025 change proforma change effect Scope change reflects the full exclusion of the Italian business in 2024. 4
Slide 5: EBITDA
EBITDA YEAR OVER YEAR CHANGE EUR million 125 -0.6% -4.2% YoY +1.4% -2.0% 109.8 100 105.2 104.6 75 50 25 Q1 2024 Scope Q1 2024 Organic FX Q1 2025 change proforma change effect Scope change reflects the full exclusion of the Italian business in 2024. 5
Slide 6: Operating Margin
OPERATING MARGIN YEAR OVER YEAR CHANGE As percentage of sales 35% 28.1% 26.2% 25% +190 bps 15% 5% Q1 2024 Q1 2025 6
Slide 7: Main Figures, by Business Unit
MAIN FIGURES, BY BUSINESS UNIT CURRENT PERIMETER, EXCLUDING THE CONTRIBUTION OF VIDRALA ITALIA EUR million SALES EBITDA Iberia & Rest of EU UK & Ireland Brazil Iberia & Rest of EU UK & Ireland Brazil 56 47 -17% 24 19 -21% 150 -8% 29 -4% 138 30 57 +11% 196 188 -4% 51 Q1 2024 Q1 2025 Q1 2024 Q1 2025 A
Slide 8: Net Debt
NET DEBT YEAR OVER YEAR EVOLUTION, SINCE 2021 EUR million and times EBITDA 600 6,0x 530 400 4,0x 316 289 210 200 2,0x 126 1.2x 0.9x 0.7x 0.6x 0.7x 0 0,0x Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Debt figure and leverage ratio do not include the effect of IFRS 16 Leases. 8
Slide 9: Q1 2025 Results | Main highlights
Q1 2025 RESULTS | Main highlights Our performance in the first quarter of 2025 reflects the positive effects of a clearly defined strategic roadmap focused on broadening our presence in growing regions, expanding our portfolio of differentiated services, and reshaping our industrial footprint to fur
Slide 10: FY 2025 Outlook
FY 2025 OUTLOOK REASSURING OUTLOOK AMIDST GLOBAL MACRO UNCERTAINTIES FY 2024 FY 2025 comparable perimeter1 outlook2 EUR >450 million EBITDA 449 Above last year’s comparable levels, despite soft EUR million demand conditions and rising macro uncertainties, demonstrating the strong underlying profitab
Slide 11: Vidrala, S.A. Investor Relations
VIDRALA, S.A. Investor Relations Tel: +34 94 671 97 50 investors@vidrala.com www.vidrala.com