Report
Luis de Toledo Heras

Vidrala : Q3 earnings preview: organic growth still subdued by volume and prices

>Organic growth constrained by price adjustments and weak demand - Vidrala will release 9M 2024 figures on 25 October. We expect a continuation of the trends observed in H1 2024 with weak volumes, mostly in Iberia which could still reflect a decline on a y-o-y basis (-1%e in H1 2024), and stable prices (-7.5%e y-o-y) resulting in very limited organic growth in revenues (+0.3%e vs +0.7% in H1 2024), complemented by scope change effects (+2.8% in H1 2024) and favourabl...
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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