Vidrala Sa (VDRFF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the conference call organized by Vidrala to present its 2026 first quarter results. Vidrala will be represented in this meeting by Raul Gomez, CEO, Inigo Mendieta, Corporate Finance Director, and Unai Alvarez, Investor Relations. The presentation will be held in English. In the Q&A session, questions will also be answered in Spanish. Nevertheless, it is strongly recommended to post questions in English in order to facilitate understanding of everyone. In the company website, www.3wbibrala.com, you will find a presentation that will be used as a supporting material to cover this call, as well as a link to access the webcast. Mr. Alvarez, you now have the floor. Good afternoon, everyone, and thank you for taking the time to join today's talk. As previously announced, we published our results for the first quarter of 2026, earlier this morning, together with a presentation that will support this conference talk. We encourage you to access the webcast via the link available on our website, or, alternatively, have the presentation at hand. Following the structure of this document, we will start with a brief overview of the key figures released today, before moving on to a more detailed discussion of other esoteric topics. We will then leave an ample time for the Q&A session. With that, I will now hand over to Inigo, who will take you through the financial results. Thank you, Unai. Before we walk through the figures, it's worth noting that the Chilean acquisition has been consolidated into the results as of 1st of January, 2026. So, to allow comparability, we have included breakdowns on a like-for-like performer basis, incorporating into the prior year figures the results generated by the acquired business during that period. So, turning now t...