Q3 2024 Vidrala SA Earnings Call Transcript

Author's Avatar
Oct 25, 2024

Oct 25, 2024 / 08:00AM GMT
±igo Mendieta - Vidrala SA - Corporate Finance Director

Good morning, everyone, and thank you for the time to join this call. As previously announced, Vidrala has released its 2024 third quarter results earlier today, and we have also published a results presentation that will serve as the supporting material for this conference call. In line with the presentation, we will begin by briefly reviewing the key figures disclosed today, and then we will dedicate ample time to discussing business performance in the Q&A session.

So starting with the main magnitudes in the first nine months of 2024, we achieved as most relevant business figures, revenues above EUR1.2 billion, an EBITDA of almost EUR338 million and a net income equivalent to an EPS of EUR7.22. Net debt at the end of the period stood at EUR299 million, which is equivalent to a leverage ratio of 0.7 times net pro forma EBITDA, which considers the contribution of the last 12 months from Vidroporto.

Moving to slide 4. We look at the top line performance by analyzing the annual revenue variation categorized by

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot