This investment strengthens the future of the Llodio plant, which, although currently representing less than 5% of the group's activity, is the original headquarters and a point of firm industrial commitment. The investment, which began a year ago with 75 million for the 2025-2027 period, has now increased to 80 million.
The group's next major investment, already announced, will be 180 million euros in Albacete. The company's management explained that investments are made based on the competitiveness of each plant, considering factors such as energy costs, labor competitiveness, conflicts, access to labor, and absenteeism.
“"We are aware of the situation of Basque companies, it is worrying, despite the commendable support we receive from the Basque administrations."
The company's management emphasized that Vidrala continues to invest in Llodio and that it is a plant with a future, citing as examples the aforementioned investments and the photovoltaic plant recently inaugurated this week at the Llodio facilities.
In the first three months of the year, Vidrala achieved a net profit of 53.7 million euros, an increase of almost 13% compared to the same period last year. For 2026, the forecast is to invest 180 million and increase results by 5%, provided that current conditions do not worsen.
The company generated 200 million euros in free cash flow last year and expects the same amount this year, allowing it to maintain low debt, which will be reduced throughout the year. The company's current debt stands at 273.1 million euros, including the acquisition of Vidrala Chile.
These results are due to its multinational nature, with 50% of turnover coming from southern Europe, 30% from the United Kingdom and Ireland (where the workforce is being reduced by 10%), and 20% from South America. South America, with production bases in Brazil and Chile, is the main contributor to the group, as middle classes are growing there and there is capacity to successfully deploy its technological model.
