Vidrala lifts nine-month EBITDA 2.9% and expands buyback to 4% of capital
Vidrala reported nine-month sales up 2% to EUR 1,146.5m and EBITDA up 2.9% to EUR 338.5m, with net profit of EUR 173.4m, and reiterated full-year 2026 guidance of around EUR 450m EBITDA. The glass packaging group also announced a new buyback of up to 1% of share capital, worth up to EUR 30m (USD 33m), to start once the current programme is complete. This lifts the total programme to 4% of capital and dividends and buybacks combined to about EUR 182m (USD 203m).
Why this mattersLeverage of 0.4x lets Vidrala enlarge buybacks while growth comes from South America rather than a subdued European glass market.
- Nine-month sales rose 2% to EUR 1,146.5m, EBITDA rose 2.9% to EUR 338.5m with a 29.5% margin
- Net profit reached EUR 173.4m; earnings per share rose 6.4% to EUR 4.99
- South America sales grew 16.9% while Europe remained subdued
- Leverage stood at 0.4x pro forma EBITDA for the last twelve months
- Full-year 2026 guidance reiterated: EBITDA around EUR 450m, EPS growth above 5%, free cash flow around EUR 200m
- New buyback of up to 1% of share capital, maximum EUR 30m (USD 33m), lifts the total programme to 4% of capital; dividends and buybacks together reach about EUR 182m (USD 203m)