Tecnoglass (TGLS) Investor presentation summary

Business overview and market position

• Leading global manufacturer of architectural glass and windows with a vertically integrated model and a strong U.S. market presence, serving nearly 1,000 customers.

• 95% of revenues and 97% of backlog are U.S.-based as of Q1 2026, with a diversified customer base and no single customer exceeding 10% of revenues.

• Product portfolio includes high-spec glass, aluminum, and vinyl windows for both residential and commercial markets.

• Over 85% of revenues are classified as green, supporting sustainability and climate change mitigation.

• Vertically integrated operations and automation drive cost efficiency, quality, and short lead times.

Financial performance and growth

• Q1 2026 revenues reached $249.0 million, up 12% YoY, with adjusted EBITDA of $61.5 million (24.7% margin).

• LTM Q1'26 revenue was $1.01 billion, with a 15% CAGR since 2013 and a 28% adjusted EBITDA margin.

• Record backlog of $1.36 billion, up 19.1% YoY, with a book-to-build ratio of 1.3x.

• Multi-family/commercial revenues grew 20.4% YoY in Q1 2026, while single-family revenues remained stable.

• U.S. market share continues to expand, supported by showroom openings and new product launches.

Strategic initiatives and operational efficiencies

• Ongoing automation and logistics optimization enhance operational efficiency and mitigate cost pressures.

• Proactive pricing and supply chain strategies address aluminum tariffs and FX headwinds.

• Expansion into vinyl windows and acquisition of Continental Glass Systems diversify product base and reduce aluminum exposure.

• Strategic location in Colombia offers cost advantages and proximity to the U.S. market.

• Joint venture with Saint-Gobain secures float glass supply and reinforces vertical integration.