Vidrala Company profile
About 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.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Vidrala SA revenues increased 10% to EUR1.08B. Net income decreased 9% to EUR145.2M. Revenues reflect Iberian Peninsula segment increase of 8% to EUR608M, United Kingdom segment increase of 12% to EUR392.8M. Net income was offset by Operating Provisions increase from EUR18.4M to EUR62.1M (expense), Staff Cost increase of 6% to EUR196.4M (expense). Dividend per share increased from EUR1.11 to EUR1.16.
Equity composition
10/2006, Scrip Issue, 1 new share for every 20 shares held. 12/2007, Scrip Issue, 1 new share for every 20 shares held. 11/2010, Scrip Issue, 1 new share for every 20 shares held. 11/2011, Scrip Issue, 1 new shares for every 20 shares held (Factor: 1.05). 10/2014, Scrip Issue, 1 new shares for every 20 shares held (Factor: 1.05).