Vidrala S.A.

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.
  • TickerVID
  • ISINES0183746314
  • ExchangeMadrid Stock Exchange
  • SectorGeneral Industrials
  • CountrySpain

Analysts

Expert Corporate Governance Service (ECGS)

Vidrala - AGM 28 May 2019

In Item 7, it is proposed to increase the size of the Board to eleven directors and to appoint a new Independent Director. The appointment of an additional Independent Director is welcome, but we still have serious concerns over the lack of independent representation on the Board (18% as per our guidelines and 27% according to the Company).  We are also concerned with the overrepresentation of the Delclaux family as members of the family comprise 45% of the Board while the family owns 25% of the share capital.  Given the lack of independence on the Board, we recommend that shareholders oppose ...

With a more favourable environment, VIDRALA SA improves to Positive

VIDRALA SA (ES), a company active in the Containers & Packaging industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date February 15, 2019, the closing price was EUR 83.40 and its potential was estimated at EUR 87.57.

MarketLine Department

Zignago Vetro SpA - Strategy, SWOT and Corporate Finance Report

Zignago Vetro SpA - Strategy, SWOT and Corporate Finance Report Summary Zignago Vetro SpA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Zignago Vetro SpA (Zignago Vetro), a subsidiary of Zignago Holding S.p.A is a manufacturer and supplier of hallow glass containers. The company principally produces glass containers for cosmetics and perfumery, food and bever...

Iñigo Recio Pascual

VIDRALA - 2Q18 results.

Nuno Estácio

Vidrala: Higher prices but at full capacity

Following strong 1Q18 results, we remain Neutral on Vidrala, although our FV increases from Eur62 to Eur85, driven by: the strength of its activities; the roll-over of our FV; and the inclusion of Santos Barosa in its valuation. Although the shares have had a very strong performance, being up by 15% in the last 6 months vs. -0.5% for Ibex (both total return), at this point we don’t see any upside. The company is now working at full capacity and therefore volume growth looks constrained. The price environment remains positive, with Vidrala expecting to increase prices in line with cost inflatio...

Iñigo Recio Pascual

VIDRALA - 2Q18 results.

Nuno Estácio

Vidrala: Higher prices but at full capacity

Following strong 1Q18 results, we remain Neutral on Vidrala, although our FV increases from Eur62 to Eur85, driven by: the strength of its activities; the roll-over of our FV; and the inclusion of Santos Barosa in its valuation. Although the shares have had a very strong performance, being up by 15% in the last 6 months vs. -0.5% for Ibex (both total return), at this point we don’t see any upside. The company is now working at full capacity and therefore volume growth looks constrained. The price environment remains positive, with Vidrala expecting to increase prices in line with cost inflatio...

Insider bought: A director bought 7,000 shares at 49.122EUR and

A director at Vidrala Sa bought 7,000 shares at 49.122EUR and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of bo...

With a more favourable environment, VIDRALA SA improves to Positive

VIDRALA SA (ES), a company active in the Containers & Packaging industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date February 15, 2019, the closing price was EUR 83.40 and its potential was estimated at EUR 87.57.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Zignago Vetro SpA - Strategy, SWOT and Corporate Finance Report

Zignago Vetro SpA - Strategy, SWOT and Corporate Finance Report Summary Zignago Vetro SpA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Zignago Vetro SpA (Zignago Vetro), a subsidiary of Zignago Holding S.p.A is a manufacturer and supplier of hallow glass containers. The company principally produces glass containers for cosmetics and perfumery, food and bever...

Expert Corporate Governance Service (ECGS)

Vidrala - AGM 28 May 2019

In Item 7, it is proposed to increase the size of the Board to eleven directors and to appoint a new Independent Director. The appointment of an additional Independent Director is welcome, but we still have serious concerns over the lack of independent representation on the Board (18% as per our guidelines and 27% according to the Company).  We are also concerned with the overrepresentation of the Delclaux family as members of the family comprise 45% of the Board while the family owns 25% of the share capital.  Given the lack of independence on the Board, we recommend that shareholders oppose ...

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