Spain's Vidrala slumps after earnings miss

Vidrala SA

25/02/2026 12:11

** Shares in Vidrala VID.MC fall about 5% after it posted 2025 core earnings about 2% below its own  guidance

** Vidrala's full-year core profit came in at 441 million euros ($519 million), below the 450 million euros guided by the company and the 444 million euro consensus estimates, as cited by UBS

** "Q4 2025 results show that the EBITDA guidance for 2025 was overly optimistic," Banco Sabadell says

** The company said earnings were affected by exchange rates that had "moved unfavourably" since announcing the guidance in April

** According to UBS, Vidrala's "weaker-than-expected" results reflect ongoing volume softness

** "Many investors will remain in 'wait and see' mode, and look for evidence of an inflection in the beverages market before turning more positive on the glass manufacturers overall," it adds

** The stock is on track for its worst day since July 2024

($1 = 0.8494 euros)

(Reporting by Javi West Larrañaga)

((javier.west@thomsonreuters.com; +34 918 35 61 12))