FDR Fluidra S.A.

Clara Valera, New Investor Relations and Business Development Director at Fluidra

Fluidra, global leader in pool and wellness equipment and connected solutions, has appointed Clara Valera as new Investor Relations and Business Development Director, reporting directly to Xavier Tintoré, Chief Financial and Transformation Officer (CFTO).

Clara Valera joined the Fluidra headquarters in Sant Cugat del Vallés (Barcelona) in early October. She holds a degree in Business Administration and Management from the Universidad Pontificia de Comillas in Madrid and has over 20 years’ experience.

Valera started her career at the consultancy Deloitte to subsequently start a new professional project in the United Kingdom. For the last fifteen years she has worked for Mondi plc, a global leader in packaging and paper, listed in the London Stock Exchange. Since 2017 she held the position of Group Head of Strategy and Investor Relations and was previously Manager of Strategy and Business Development.

Clara Valera will lead the Investor Relations and Business Development team together with Cristina del Castillo, Investor Relations Director, Pol Neiro, Corporate Business Analyst; and Víctor Riera, M&A Director.

EN
13/10/2022

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Fluidra : A safe harbour in not so troubled waters

We reiterate our Outperform rating with an increased TP to € 26.5 (+3%, 11x implied EV/ adjusted EBITDA) and consider that the recent share price weakness (-18% y-t-d vs -2% Ibex-35) opens up an interesting opportunity. The release of 2026 guidance is well aligned with our estimates (+9% adjusted EPS growth), despite our estimates lying towards the low-end of the adjusted EBITDA margin range (23.3%). We do not expect current market uncertainties (global growth, Middle East conflict, energy costs...

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