Vidrala, parent company of Northern Ireland-based Encirc, reported full-year 2025 results in line with expectations, recording sales of €1,465.2 million, a 5.4% decrease from the previous year.

EBITDA reached €441 million, with margins at 30.1%, attributed to operational efficiency, productivity improvements, and cost controls. Net profit was €219.6 million, or €6.24 per share, down 6.8% excluding a prior accounting gain from the sale of its Italian business.

Cash generation stood at €200.1 million, reducing net debt to €105.3 million by 31 December 2025. Leverage was 0.2 times EBITDA, supporting ongoing investments.

Encirc Managing Director Sean Murphy described 2025 as a challenging year due to market pressures and UK government policy changes. He stated the company acted decisively to protect competitiveness.