Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Spain
  4. Bolsas y Mercados Espanoles
  5. Vidrala, S.A.
  6. News
  7. Summary
    VID   ES0183746314

VIDRALA, S.A.

(VID)
  Report
Delayed Quote. Delayed Bolsas y Mercados Espanoles - 12/07 11:38:00 am
83.8 EUR   +2.32%
11/03VIDRALA, S.A. : BONUS ISSUE: 1 new share for 20 existing shares
FA
10/29Q3 2021 Results | Earningsárelease
PU
10/13VIDRALA S A : finalist at the Enertic Awards with its project
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Vidrala S A : finalist at the Enertic Awards with its project

10/13/2021 | 06:52am EST

2021/10/13

The project is committed to energy efficiency through the implementation of new end-to-end control systems in the glass furnaces for the container manufacturing process.

Vidrala Group, a leading company in the design and production of glass packaging for food and beverages, is finalist at the 9th edition of the enerTIC Awards with its project "Digital Bottle". With this strategic initiative, Vidrala seeks to save energy through the implementation of a process control system in the plant, which is based on the deployment of new control systems in the glass furnaces for the manufacturing process of its containers using Artificial Intelligence and Machine Learning techniques.

This system facilitates the optimisation of the furnaces to operate with minimum energy and maintain the quality of the glass and increasing at the same time the efficiency of the packaging and melting process by reducing defects in the shaping processes. This transformation project will lead to energy savings of more than 88 GWh/year, a productivity improvement of 2.5% and energy savings. In addition, software tools play a key role by allowing Big Data analysis to identify operational trends. In this way, operators can maximise process efficiency and identify trends in order to correct processes before defects or equipment failures occur.

According to Liher Irizar, General Manager of Vidrala, "we are very proud to be finalists in such important awards, although we have to face the final phase, I believe that being among the top three in the INDUSTRY 4.0 category is already a great achievement, taking into account the other very interesting projects presented. Digital Bottle is a reflection of where the Group is heading in terms of strategy".

These Awards for Innovation and Technology for Efficiency in the Digital Age seek to recognise the most innovative projects and the most committed managers in energy efficiency and sustainability. The winners of this edition will be announced at the Awards Ceremony.

Disclaimer

Vidrala SA published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 10:51:03 UTC.


ę Publicnow 2021
All news about VIDRALA, S.A.
11/03VIDRALA, S.A. : BONUS ISSUE: 1 new share for 20 existing shares
FA
10/29Q3 2021 Results | Earningsárelease
PU
10/13VIDRALA S A : finalist at the Enertic Awards with its project
PU
09/02ANALYST RECOMMENDATIONS : AstraZeneca, Designer Brands, Homeserve, Rio Tinto, Trane Techno..
07/26VIDRALA S A : renews its Commercial Paper Programme on the Spanish alternative fixed-incom..
PU
07/23Vidrala, S.A. Announces Earnings Results for the First Half of 2021
CI
07/23VIDRALA S A : H1 2021 Results | Resultsápresentation
PU
07/23VIDRALA S A : Primer Semestre 2021 | Presentaciónáresultados
PU
07/23VIDRALA S A : H1 2021 Results | Earningsárelease
PU
07/12VIDRALA, S.A. : Ex-dividend day for final dividend
FA
More news
Analyst Recommendations on VIDRALA, S.A.
More recommendations
Financials
Sales 2021 1 059 M 1 196 M 1 196 M
Net income 2021 162 M 183 M 183 M
Net Debt 2021 121 M 137 M 137 M
P/E ratio 2021 15,4x
Yield 2021 1,59%
Capitalization 2 493 M 2 802 M 2 814 M
EV / Sales 2021 2,47x
EV / Sales 2022 2,27x
Nbr of Employees 3 500
Free-Float 63,3%
Chart VIDRALA, S.A.
Duration : Period :
Vidrala, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VIDRALA, S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 83,80 €
Average target price 104,40 €
Spread / Average Target 24,6%
EPS Revisions
Managers and Directors
Gorka Schmitt Zalbide Chief Executive Officer
Raul Gomez Merino Chief Financial Officer
Carlos Delclaux Zulueta Non-Executive Chairman
Carlos Barranha Technical Director
Paloma Gonzalo Director-Information Technology
Sector and Competitors
1st jan.Capi. (M$)
VIDRALA, S.A.-7.28%2 802
VERALLIA2.79%3 981
O-I GLASS, INC.-2.44%1 827
ZIGNAGO VETRO S.P.A.20.18%1 638
VETROPACK HOLDING AG-9.88%1 174
BG CONTAINER GLASS PUBLIC COMPANY LIMITED1.94%213