Slide 1: FY 2024 Results
FY 2024 RESULTS 28th FEBRUARY 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: FY 2024 Key Figures
FY 2024 KEY FIGURES FY 2024 Change Change at constant currency & comparable scope Sales (EUR million) 1,588.3 +1.9% +0.2% EBITDA (EUR million) 454.0 +15.3% +10.5% Earnings per share (EUR) 8.85 +28.5% Debt (EUR million) 248.3 -47.4% Debt / LTM EBITDA* (multiple) 0.6x -0.5x Important: Debt figure and
Slide 4: Sales: Year over Year Change
SALES YEAR OVER YEAR CHANGE EUR million 1.750 +1.9% YoY +1.6% +0.2% +0.1% 1,588.3 1.500 1,558.8 1.250 1.000 FY 2023 Scope Organic FX FY 2024 change change effect Scope refers to the combined effect of the consolidation of Vidroporto’s results for the first 11 months of 2023 and the exclusion of Vidr
Slide 5: EBITDA: Year over Year Change
EBITDA YEAR OVER YEAR CHANGE EUR million +15.3% 500 YoY -0.7% +5.5% +10.5% 454.0 400 393.7 300 200 FY 2023 Scope Organic FX FY 2024 change change effect Scope refers to the combined effect of the consolidation of Vidroporto’s results for the first 11 months of 2023 and the exclusion of Vidrala Itali
Slide 6: Operating Margin
OPERATING MARGIN YEAR OVER YEAR CHANGE As percentage of sales 30% 28.6% 25.3% 20% +330 bps 10% 0% FY 2023 FY 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 159 199 81 56 609 632 116 146 799 237 222 740 FY 2023 FY 2024 FY
Slide 8: Cash Profile
CASH PROFILE FY 2024 FREE CASH FLOW GENERATION EUR million / as percentage of sales 500 400 28.6% -10.6% 300 -5.0% 200 13.0% 100 0 EBITDA Capex WC & Others FCF 8
Slide 9: Net Debt
NET DEBT QUARTERLY EVOLUTION, SINCE DECEMBER 2023 EUR million and times EBITDA 600 3,0x 530 472 433 400 2,0x 299 1.2x 248 1.1x 1.0x 200 0.7x 1,0x 0.6x 0 0,0x Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Important: Debt figure and leverage ratio do not include the effect of IFRS 16 Leases. 9
Slide 10: FY 2024 Results: Main Highlights
FY 2024 RESULTS | Main highlights EXPANSION INTO BRAZIL AND DIVESTMENT OF ITALY Business performance, supported by the contribution of recent corporate strategic actions EXCEEDING EXPECTATIONS DESPITE SOFT DEMAND Better-than-expected EBITDA and cash generation in 2024, demonstrating resilience in ch
Slide 11: Facilities in Bristol, Porto Ferreira and Marinha Grande
Beverage filling facilities in Bristol, UK. Glass manufacturing facilities in Porto Ferreira, Brazil. New glass manufacturing and logistics facilities -including electric forklifts- in Marinha Grande, Portugal. 11
Slide 12: Vidrala Investor Relations
VIDRALA, S.A. Investor Relations Tel: +34 94 671 97 50 investors@vidrala.com www.vidrala.com