Zignago Vetro (ZV) investor relations material

Business profile and markets

• Ownership: Zignago Holding held 64.0% and free float was 36.0%; 2025 consolidated sales were €596.0m.

• 2025 sales mix: Food & Beverage and Cosmetics & Perfumery 46.3%, specialty containers 23.4%, Home 20.9%, Pharma 7.9%, and Other 1.2%.

• Operations span glass containers, specialty containers, glass cullet recycling, and mould production, serving Food & Beverage, cosmetics and perfumery, Home, and Pharma markets.

• Commercial strengths include customized products, small production lots, flexibility, technical know-how, quality, and product and process innovation.

FY 2025 performance

• Revenue was €596.0m, down 3.2% YoY; EBITDA was €151.0m, down 12.0%, with a 25.3% margin versus 26.4% in 2024.

• The long-term sales and EBITDA track record showed CAGRs of 7.5% and 6.6%, respectively, over the periods presented through 2025.

• FY25 business-unit revenue: Zignago Vetro €331.6m (+2.1% YoY), Polska €86.6m (+2.9%), Vetri Speciali €144.5m (-3.9%), and France €51.0m (-20.2%).

First-half 2026 performance

• Revenue was €303.9m, down 1.5% YoY; EBITDA was €51.3m versus €58.7m, and net result was €8.8m versus €16.4m.

• Zignago Vetro revenue fell 4.6% to €163.5m; Polska revenue rose 8.0% to €45.7m, with EBITDA increasing to €9.1m from €8.2m.

• Vetri Speciali revenue increased 0.5% to €78.3m; France revenue rose 9.0% to €27.7m, and EBITDA reached €1.4m from €0.5m.