Tecnoglass cuts FY26 adjusted EBITDA view to $225M-$245M from $265M-$305M

Tecnoglass (TGLS) provided an update to its full year 2026 outlook. The recent updates to tariffs on certain aluminum-containing products and derivatives, introduce an incremental cost to Tecnoglass and other aluminum window exporters into the U.S., associated with a 10% tariff on finished aluminum window products imported into the U.S. This development was not contemplated in the company’s original guidance for full year 2026 provided February 26. Tecnoglass is updating its full year 2026 adjusted EBITDA guidance to be in the range of $225M to $245M. The updated adjusted EBITDA guidance reflects an incremental $50M net impact, when compared to the midpoint of the company’s previously provided guidance range, associated with the recently announced 10% tariffs on certain finished aluminum windows and products imported into the U.S. The net impact incorporates pricing actions with an effective date starting on orders in early May, which are expected to benefit results in the second half of the year. Additionally, the company is implementing additional operational efficiencies related to logistical improvements, increased automation, and headcount rationalizations to help further offset the impact of tariffs. The updated Adjusted EBITDA guidance also incorporates the potential impact of sustained elevated aluminum prices in the second half of 2026. All other assumptions underlying the Company’s prior outlook remain unchanged. Santiago Giraldo, CFO of Tecnoglass, added, “The change to our full year 2026 Adjusted EBITDA expectations is entirely a result of the revised U.S. tariff framework, which was not contemplated in our original guidance. We have already announced pricing actions that will start with orders in early May, and we are advancing additional efficiency initiatives, including automation and logistics optimization, to further mitigate the anticipated net impact of tariffs disclosed today. These actions, combined with our strong margin profile and disciplined cost management, position us to partially offset the tariff impact as we move through the year and fully neutralize it in 2027. Our updated outlook reflects this discrete policy-driven headwind and does not change our confidence in the trajectory of the business. We remain well positioned to drive growth, expand margins over time, and continue delivering industry-leading financial performance.”