Report
Luis de Toledo Heras

Vidrala : 9M 2024 results reflect stable trends, FY 2024 guidance reiterated

>Results in line with estimates, organic growth at 0.9% - Vidrala results came in line with estimates with 9M 2024 organic growth in sales of +0.9% (excluding FX and consolidation effects from the recent perimeter changes in Brazil and Italy) and EBITDA at € 338m (+3% vs ODDOe, +7% y-o-y) with EBITDA margin slightly above our estimates (27.8%, +90bp). At the organic level, EBITDA recorded a +4.3% y-o-y growth. EBITDA margin reflects the positive consolidation effects ...
Underlying
Vidrala SA

Vidrala SA is a Spain-based company principally engaged in the glass industry. The Company operates through two segments: Spain and European Union. The Company's activities include the production, distribution and sale of glass bottles and containers used in the food and beverages industries. The Company conducts its own research and development (R&D) operations. It operates production plants and melting furnaces located in such countries, as Portugal, France, Belgium and Italy. The Company owns such subsidiaries as Crisnova Vidrio SA, Inverbeira Sociedad de Promocion de Empresas SA, Gallo Vidro SA, Castellar Vidrio SA, Corsico Vetro SRL, MD Verre SA, Omega Immobiliere et Financiere SA, Investverre SA and CD Verre SA.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Luis de Toledo Heras

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