Slide 1: 9M 2024 Results
9M 2024 RESULTS 25th OCTOBER 2024
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: 9M 2024 Key Figures
9M 2024 KEY FIGURES 9M 2024 Change Change at constant currency & comparable scope Sales (EUR million) 1,216.4 +1.9% +0.9% EBITDA (EUR million) 337.7 +7.0% +4.3% Earnings per share (EUR) 7.22 +26.2% Debt (EUR million) 299.1 +43.2% Debt / LTM EBITDA* (multiple) 0.7x +0.2x Important: Debt figure and le
Slide 4: Sales: year over year change
SALES YEAR OVER YEAR CHANGE EUR million 1.300 +1.9% YoY +0.7% +0.9% +0.3% 1,216.4 1,194.1 1.100 900 700 9M 2023 Scope Organic FX 9M 2024 change change effect Scope refers to the combined effect of the consolidation of 2023 YTD Vidroporto’s results and the exclusion of Vidrala Italia since March 1, 2
Slide 5: EBITDA: year over year change
EBITDA YEAR OVER YEAR CHANGE EUR million 400 +7.0% +4.3% -0.1% YoY +2.8% 337.7 300 315.6 200 100 9M 2023 Scope Organic FX 9M 2024 change change effect Scope refers to the combined effect of the consolidation of 2023 YTD Vidroporto’s results and the exclusion of Vidrala Italia since March 1, 2024. 5
Slide 6: Operating Margin
OPERATING MARGIN YEAR OVER YEAR CHANGE As percentage of sales 35% 30% 27.8% 26.4% 25% +140 bps 20% 15% 9M 2023 9M 2024 6
Slide 7: Main Figures, by Business Unit
MAIN FIGURES, BY BUSINESS UNIT NEW PERIMETER, INCLUDING THE CONTRIBUTION OF VIDROPORTO AND EXCLUDING THE RESULTS OF VIDRALA ITALIA EUR million SALES EBITDA Iberia & Rest of EU UK & Ireland Brazil Iberia & Rest of EU UK & Ireland Brazil 100 149 33 60 447 85 474 107 639 200 577 166 2023 YTD 2024 YTD 2
Slide 8: Cash Profile
CASH PROFILE FREE CASH FLOW GENERATION YEAR-TO-DATE TO SEPTEMBER 2024 EUR million / as percentage of sales 400 300 27.8% -10.4% 200 -4.6% 12.8% 100 0 EBITDA Capex WC & Others FCF 8
Slide 9: Net Debt
NET DEBT QUARTERLY EVOLUTION, SINCE SEPTEMBER 2023 EUR million and times EBITDA 600 3,0x 530 472 433 400 2,0x 299 1.2x 1.1x 1.0x 209 200 0.7x 1,0x 0.5x 0 0,0x Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Important: Debt figure and leverage ratio do not include the effect of IFRS 16 Leases. 9
Slide 10: 9M 2024 Results: Main Highlights
9M 2024 RESULTS | Main highlights ORGANIC TOP-LINE GROWTH OF 0.9% Sales during the first nine months of 2024 amounted to EUR 1,216.4 million, showing an organic growth of +0.9% OPERATING MARGIN OF 27.8% Operating profit, EBITDA, amounted to EUR 337.7 million representing an operating margin of 27.8%
Slide 11: FY 2024 Outlook, Unchanged
FY 2024 OUTLOOK, UNCHANGED Actuals Last Twelve Months Outlook FY 2023 as of September 2024 FY 2024 1,598 ≈EUR 1,600 million 1,559 Sales EUR million EUR million Modest volume recovery in Europe & the UK New perimeter1 Second-round effects of the capacity expansion in Brazil 428 394 EBITDA EUR million
Slide 12: Vidrala, S.A. Investor Relations
VIDRALA, S.A. Investor Relations Tel: +34 94 671 97 50 investors@vidrala.com www.vidrala.com