Vidrala Sa · BME:VID
Vidrala Sa — 9M 2022 Earnings Presentation
12 slides from Vidrala Sa's earnings presentation, Oct 21, 2022
Slide 1: 9M 2022 Results
9M 2022 RESULTS 21st OCTOBER 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: 9M 2022 Key Figures
9M 2022 KEY FIGURES 9M 2022 Change Organic change (constant currency basis) Sales (EUR million) 1,017.0 +24.0% +23.3% EBITDA (EUR million) 158.9 -29.9% -30.0% Earnings per share (EUR) 2.65 -37.4% Debt (EUR million) 165.1 +68.8% Debt / LTM EBITDA (multiple) 0.8x +0.5x 3
Slide 4: Sales
SALES YEAR OVER YEAR CHANGE EUR million 1.100 +24.0% +23.3% +0.7% YoY 1.000 1,017.0 900 800 820.5 700 600 9M 2021 Organic FX 9M 2022 change effect 4
Slide 5: EBITDA
EBITDA YEAR OVER YEAR CHANGE EUR million 250 -30.0% -29.9% 200 226.5 YoY +0.1% 150 158.9 100 50 0 9M 2021 Organic FX 9M 2022 change effect 5
Slide 6: Operating Margin
OPERATING MARGIN YEAR OVER YEAR CHANGE As percentage of sales 30% 27.6% 20% 15.6% 10% -1,198 bps 0% 9M 2021 9M 2022 6
Slide 7: Net Debt
NET DEBT QUARTERLY EVOLUTION, SINCE SEPTEMBER 2021 EUR million and times EBITDA 400 1,2x 0.9x 1,0x 300 0.8x 0,8x 200 0.6x 0,6x 0.4x 0.3x 0,4x 100 215 165 126 0,2x 98 97 0 0,0x Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 7
Slide 8: 9M 2022 Results | Main highlights
9M 2022 RESULTS | Main highlights ORGANIC TOP-LINE GROWTH OF 23.3% Sales during the first nine months 2022 amounted to EUR 1,017.0 million, showing an organic growth of 23.3% OPERATING MARGIN OF 15.6% Operating profit, EBITDA, was EUR 158.9 million representing an operating margin of 15.6% LEVERAGE
Slide 9: 2022 Business Outlook
2022 BUSINESS OUTLOOK Net Q4 outlook: Sustained double-digit growth, driven by sales a progressive adaptation of sales prices Q4 outlook: Gradual recovery towards 20% EBITDA margin, supported on revenue growth and energy EBITDA cost mitigation actions Full-year target: EUR >200 million BUSINESS STRA
Slide 10: recycle,
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Slide 11: 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 12: Vidrala, S.A. Investor Relations
VIDRALA, S.A. Investor Relations Tel: +34 94 671 97 50 investors@vidrala.com www.vidrala.com