Tecnoglass (TGLS) Investor presentation summary

Financial performance and growth

• Achieved record LTM Q2'26 revenue of $1.1 billion and adjusted EBITDA of $254.6 million, with a 24% margin and a 17% CAGR since 2013.

• Q2 2026 revenues rose 15.6% YoY to $295.3 million, with single-family residential and multi-family/commercial segments both growing over 15%.

• Record backlog of $1.38 billion, up 15.6% YoY, providing strong revenue visibility.

• U.S. market accounts for 95% of revenues and 97% of backlog, with nearly 1,000 customers and no single customer exceeding 10% of revenues.

• 2026 revenue guidance is $1.08–$1.12 billion, with adjusted EBITDA expected between $220–$230 million.

Operational strengths and strategic initiatives

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

• Strategic location in Colombia offers labor and shipping cost advantages, with proximity to Miami for fast U.S. market access.

• Ongoing pricing and supply chain actions mitigate aluminum tariff and FX headwinds, with automation reducing exposure to local labor costs.

• Expanded U.S. presence with new showrooms and product lines, including vinyl windows to diversify input costs.

• Strong balance sheet with net leverage at 0.57x and significant liquidity, supporting growth investments and shareholder returns.

Product innovation and market positioning

• Broad portfolio includes high-spec architectural glass, energy-efficient, and impact-resistant products for both residential and commercial markets.

• Over 85% of revenues are considered green, with products contributing to emissions reduction and climate change mitigation.

• Continued expansion in the U.S. with a focus on underpenetrated regions and new product introductions.

• High return on invested capital (34% 3-year average) and return on equity (26% 3-year average), outperforming industry peers.

• Disciplined capital allocation with significant share repurchases and dividend growth.