Tecnoglass Raises FY2025 Sales Guidance from $940.00M-$1.02B to $960.00M-$1.02B vs $986.95M Est

Benzinga · 05/08 11:05

Full Year 2025 Outlook

Santiago Giraldo, Chief Financial Officer of Tecnoglass, stated, "Based on our solid start to 2025, we are raising the low end of our previously provided full year revenue outlook, which we now expect to be in the range of $960 million to $1.02 billion, representing growth of approximately 11% at the midpoint of the range. We are narrowing our Adjusted EBITDA¹ outlook to a range of $305 million to $330 million, representing growth of approximately 15% at the midpoint of the range. Our outlook includes an estimated full year 2025 impact of approximately $25 million associated with higher input costs and tariffs on certain products, prior to mitigation efforts. The implied expansion in full year Adjusted EBITDA margin incorporates the benefit of our planned pricing actions and other strategic actions in place that we believe will more than offset the impact of tariffs for the remainder of the year. Backed by our solid industry positioning, we remain confident in our ability to deliver another year of profitable growth and strong cash flow generation."