Vidrala has grown its earnings for the first half of the financial year.
The company increased its profit by 8.9% from last year to €117.4 million, improving margins in all three regions where Vidrala operates.
Revenue amounted to €754 million, representing reported growth of 0.5%.
Vidrala also reported net financial debt of €252.3 million, equivalent to 0.6x EBITDA.
The first-half performance also drove earnings per share to €3.36, compared with €3.06 in the same period last year, an increase of 9.9%.
In addition, EBITDA also increased by 4.4% to €225.5 million and the EBITDA margin improved by 110 basis points to 29.9% of sales.
These results come despite a challenging year marked by weak consumer demand in Europe and inflationary pressures stemming from the conflict in Iran.
Raúl Gómez, CEO of Vidrala, said: “Despite a highly challenging environment, during the first half of 2026 we delivered earnings growth and further strengthened our margins.
“This performance is the direct result of the strategic decisions we have taken and the management initiatives currently underway, confirming the resilience of our business model.”
From these results, Vidrala should maintain its targets of achieving EBITDA of more than €450 million, increasing earnings per share by more than 5%, and generating approximately €200 million in cash flow by the end of 2026.
Mr Gómez added: “Our ambitious industrial investment strategy, the contribution from our expanded South American footprint, the operational initiatives underway to control costs, and the continued enhancement of our customer value proposition will enable us to deliver our 2026 performance targets despite numerous challenges.
“Looking beyond this year, we remain fully committed to our core strategic pillars: customer, cost and capital.
“While maintaining strict financial discipline, we will continue investing with our customers in mind and with the firm objective of manufacturing our products and serving our customers in the most reliable, competitive and sustainable way possible.”