Vidrala Sa · BME:VID
Vidrala Sa — Q1 2022 Earnings Presentation
13 slides from Vidrala Sa's earnings presentation, Apr 27, 2022
Slide 1: Q1 2022 Results
Q1 2022 RESULTS 27th APRIL 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: Q1 2022 Key Figures
Q1 2022 KEY FIGURES Q1 2022 Change Organic change (constant currency basis) Sales (EUR million) 278.9 +18.8% +17.0% EBITDA (EUR million) 23.3 -62.6% -63.0% Earnings per share (EUR) 0.03 -97.7% Debt (EUR million) 126.1 -40.1% Debt / LTM EBITDA (multiple) 0.6x -0.1x 3
Slide 4: Sales
SALES YEAR OVER YEAR CHANGE EUR million +18.8% YoY 300 +17.0% +1.8% 278.9 200 234.9 100 0 Q1 2021 Organic FX Q1 2022 4
Slide 5: EBITDA
EBITDA YEAR OVER YEAR CHANGE EUR million 80 -63.0% 60 62.2 40 -62.6% +0.4% YoY 20 23.3 0 Q1 2021 Organic FX Q1 2022 5
Slide 6: Operating Margin
OPERATING MARGIN YEAR OVER YEAR CHANGE As percentage of sales 30% 26.5% 20% 10% 8.3% -1,813 bps 0% Q1 2021 Q1 2022 6
Slide 7: Cash Profile
CASH PROFILE FREE CASH FLOW GENERATION LAST 12 MONTHS TO MARCH 2022 As percentage of sales 250 20.3% 200 -10.2% 150 +1.1% 11.2% 100 50 0 EBITDA Capex WC & Others FCF 7
Slide 8: Net Debt
NET DEBT YEAR OVER YEAR EVOLUTION, SINCE 2018 EUR million and times EBITDA 700 2,5x 2.2x 600 2,0x 1.7x 500 1,5x 400 1.1x 300 1,0x 503 0.7x 200 426 0.6x 313 0,5x 100 210 126 0 0,0x Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 8
Slide 9: Q1 2022 Results | Main highlights
Q1 2022 RESULTS | Main highlights DOUBLE-DIGIT REVENUE GROWTH Sales during the first three months 2022 amounted to EUR 278.9 million, showing an organic growth of 17.0% OPERATING MARGIN OF 8.3% Operating profit, EBITDA, was EUR 23.3 million representing an operating margin of 8.3%, affected by exter
Slide 10: Business Outlook
BUSINESS OUTLOOK DESPITE THE UNCERTAIN MACRO CONDITIONS AND THE EXTREME INFLATIONARY CONTEXT LIMITS VISIBILITY: Actuals Outlook for the remainder of the year 2022 Q1 2022 Next 9 months Sales +17% YoY Sustained double-digit growth. variation organic Progressive recovery towards 20% EBITDA over sales,
Slide 11: recycle,
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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: Vidrala, S.A. Investor Relations
VIDRALA, S.A. Investor Relations Tel: +34 94 671 97 50 investors@vidrala.com www.vidrala.com