Vidrala Sa (VDRFF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the conference call organized by Vidrala to present its 2025 full year results. Vidrala will be represented in this meeting by Raúl Gómez, CEO, Íñigo Mendieta, Corporate Finance Director, and Unai González, Investor Relations. The presentation will be held in English. In the Q&A session, questions will be also answered in Spanish. Nevertheless, it is strongly recommended to pose questions in English in order to facilitate understanding of everyone. In the company website, www.vitrala.com, you will find available a presentation that will be used as advert material to cover this call, as well as a link to access the webcast. Mr. Álvarez, you know how the floor. Good morning, everyone, and thank you for joining today's conference call. As previously announced earlier this morning, Hidara has released its 2025 full year results, together with a presentation that will be used as a guide throughout this call. Following the structure of the presentation, we will start working through the key figures released, before moving on to the Q&A session, where we will go deeper into business performance. I will now pass the floor to Inigo. who will tell you through the key financial highlights. Thanks, Unai, and thank you everyone for joining the call. We know these days are quite busy for you, so thank you very much for your time. So, let's begin with a quick overview of the key financial figures. For the full year 2025, Idrella obtained revenue of almost 1.5 billion euros. EBITDA of 441 million euros and an income equivalent to an EPS of 6.24 euros. A strong cash generation of 200 million euros enabled a substantial reduction of debt to 105 million euros, which is equivalent to 0.2 times our annual EBITDA. Please note that the right-hand column provides...