Vidrala Sa · BME:VID
Vidrala Sa — H1 2025 Earnings Presentation
12 slides from Vidrala Sa's earnings presentation, Jul 24, 2025
Slide 1: H1 2025 Results
H1 2025 RESULTS 24th JULY 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: H1 2025 Key Figures
H1 2025 KEY FIGURES H1 2025 Change Change at constant currency & comparable scope Sales (EUR million) 750.1 -9.7% -6.7% EBITDA (EUR million) 216.1 -4.0% +0.0% Earnings per share (EUR) 3.22 -10.0% Debt (EUR million) 214.8 -50.4% Debt / LTM EBITDA* (multiple) 0.5x +0.5x Important: Debt figure and leve
Slide 4: Sales
SALES YEAR OVER YEAR CHANGE EUR million 900 -2.0% -6.7% -7.5% 830.4 -0.8% YoY 813.4 700 750.1 500 300 H1 2024 Scope H1 2024 Organic FX H1 2025 change proforma change effect Scope refers to the effect of perimeter change due to the sale of Vidrala Italia in 2024. 4
Slide 5: EBITDA
EBITDA YEAR OVER YEAR CHANGE EUR million 250 -2.0% -2.0% +0.0% -2.0% YoY 225.0 220.5 216.1 200 150 100 H1 2024 Scope H1 2024 Organic FX H1 2025 change proforma change effect Scope refers to the effect of perimeter change due to the sale of Vidrala Italia in 2024. 5
Slide 6: Operating Margin
OPERATING MARGIN YEAR OVER YEAR CHANGE As percentage of sales 35% 28.8% 27.1% 25% +171 bps 15% 5% H1 2024 H1 2025 6
Slide 7: Main Figures, by Business Unit
MAIN FIGURES, BY BUSINESS UNIT NEW PERIMETER, EXCLUDING THE RESULTS OF VIDRALA ITALIA EUR million SALES EBITDA Iberia & Rest of EU UK & Ireland Brazil Iberia & Rest of EU UK & Ireland Brazil 102 87 42 36 312 63 281 65 400 383 114 117 2024 YTD 2025 YTD 2024 YTD 2025 YTD Average EUR/GBP exchange rate:
Slide 8: Cash Profile
CASH PROFILE FREE CASH FLOW GENERATION LAST 12 MONTHS TO JUNE 2025 EUR million / as percentage of sales 500 400 29.5% -12.8% 300 -4.1% 200 12.6% 100 0 EBITDA Capex WC & Others FCF 8
Slide 9: Net Debt
NET DEBT YEAR OVER YEAR EVOLUTION, SINCE 2021 EUR million and times EBITDA 500 4,0x 433 400 3,0x 300 284 215 215 2,0x 200 173 0.9x 1.0x 0.8x 1,0x 100 0.6x 0.5x 0 0,0x Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Important: Debt figure and leverage ratio do not include the effect of IFRS 16 Leases. 9
Slide 10: H1 2025 Results | Main Highlights
H1 2025 RESULTS | Main highlights The 2025 first half results reflect what Vidrala is today. We have strengthened our foundations through the diversification of our geographical presence, the strategic development of our commercial positioning, and a targeted reshaping of our industrial footprint to
Slide 11: FY 2025 Outlook, Reiterated
FY 2025 OUTLOOK, REITERATED SUBJECT TO LIMITED DEVIATIONS PRIMARILY DUE TO FX FLUCTUATIONS 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 stron
Slide 12: Vidrala, S.A. Investor Relations
VIDRALA, S.A. Investor Relations Tel: +34 94 671 97 50 investors@vidrala.com www.vidrala.com