Vidrala SA
VID
ISIN ES0183746314 / Valor 901653
Vidrala SA
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About company
Vidrala SA is a leading company in the sale and manufacture of glass containers, with a successful track record dating back to 1965. The company focuses on incorporating the latest technological developments into its production processes to enhance productivity and operational efficiency. Vidrala Academy provides internal support to all European factories within the Group, as well as global glass industry players, by sharing best practices for achieving manufacturing excellence. The company offers tailor-made service and technical support packages to meet the specific needs of its clients.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (20.08.2024):
Sales Performance
Vidrala SA reported sales of EUR 830.4 million for the first six months of 2024, reflecting a 4.5% increase compared to the same period in 2023. On an organic basis, sales grew by 0.7%, taking into account the consolidation of Vidroporto’s results and the exclusion of Vidrala Italia.
Operating Results
Operating profit, measured as EBITDA, reached EUR 225.0 million in the first half of 2024. This represents a 4.6% increase over the previous year, although the organic change was -2.4%. The EBITDA margin stood at 27.1%, showing a slight improvement over the previous year.
Net Profit and Earnings Per Share
Vidrala SA's net profit for the first half of 2024 was EUR 120.8 million, resulting in earnings per share of EUR 3.75. This marks a 6.0% decrease compared to the same period in 2023. The decline in earnings per share is attributed to various factors, including recent M&A transactions and the sale of the Italian business.
Debt and Leverage
As of June 30, 2024, Vidrala SA's net debt stood at EUR 433.4 million, equivalent to a leverage ratio of 1.0x times the last twelve months' pro-forma EBITDA. This includes the impact of recent acquisitions and the associated debt, excluding the effect of IFRS 16 Leases.
Shareholder Remuneration
In line with its shareholder remuneration policy, Vidrala SA paid a complementary cash dividend of EUR 0.3874 per share on July 15, 2024. Additionally, an extraordinary cash dividend of EUR 4.00 per share was distributed on July 12, 2024, following the sale of Vidrala Italia. Overall, shareholders received a total cash remuneration of EUR 5.45 per share in 2024.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3215 M
Market cap (USD)
9,560
Daily traded volume (Shares)
92.5 / 91.7
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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