MERSEN financials
MERSEN
Country: FR Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
OQXDLNM5DTBULYMF5U27 ISIN: FR0000039620 Financial statements
(EUR, as reported — unscaled; 108 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Cost of sales | €834.7M | €857.8M |
| Gross profit | €351.7M | €385.8M |
| Operating profit (EBIT) | €56.3M | €107.5M |
| Net finance income / (cost) | -€25.8M | -€24.0M |
| Finance costs | €26.6M | €24.9M |
| Profit before tax | €30.5M | €83.5M |
| Income tax expense | €17.8M | €22.0M |
| Profit for the year | €12.8M | €61.5M |
| — attributable to owners | €14.1M | €59.0M |
| — attributable to NCI | -€1.3M | €2.5M |
| Total comprehensive income | -€49.5M | €90.3M |
| Per share | ||
| Basic EPS | €0.58 | €2.43 |
| Diluted EPS | €0.57 | €2.37 |
| Free cash flow / share | €2.52 | €-0.40 |
| Cash flow statement | ||
| Net cash from operating activities | €186.0M | €194.0M |
| Net cash from investing activities | -€144.1M | -€279.9M |
| Purchase of PP&E (capex) | €129.3M | €204.3M |
| Purchase of intangibles | €13.4M | €12.3M |
| Net cash from financing activities | -€9.0M | €96.7M |
| Dividends paid | €26.5M | €30.9M |
| Proceeds from borrowings | €311.0M | €311.4M |
| Repayments of borrowings | €253.2M | €150.7M |
| Lease liability payments | €16.2M | €16.0M |
| Net change in cash | €32.9M | €10.7M |
| Balance sheet | ||
| Total assets | €1.70B | €1.80B |
| Non-current assets | €1.15B | €1.21B |
| Right-of-use assets | €53.0M | €59.7M |
| Intangible assets & goodwill | €279.6M | €298.1M |
| Current assets | €557.5M | €590.4M |
| Inventories | €257.5M | €307.8M |
| Trade & other receivables | €158.6M | €176.7M |
| Cash & equivalents | €86.3M | €51.3M |
| Total equity | €807.2M | €882.4M |
| — attributable to owners | €782.8M | €850.2M |
| Non-controlling interests | €24.4M | €32.2M |
| Non-current liabilities | €517.7M | €491.6M |
| Long-term borrowings | €389.6M | €349.5M |
| Lease liabilities (non-current) | €42.3M | €48.9M |
| Current liabilities | €378.3M | €427.4M |
| Lease liabilities (current) | €15.2M | €15.4M |
| Deferred tax liabilities | €52.7M | €53.8M |
| Derived metrics | ||
| Free cash flow | €56.7M | -€10.3M |
| Operating margin | 4.7% | 8.6% |
| Net margin | 1.1% | 4.9% |
| Return on equity | 1.6% | 7.0% |
| Cash conversion ratio | 14.53× | 3.15× |
| Capex coverage | 1.44× | 0.95× |
| Other reported items | ||
| Adjustments For Depreciation and Amortisation Expense | €81.3M | €74.5M |
| Adjustments For Finance Income Cost | -€25.8M | -€24.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €42.6M | €5.2M |
| Adjustments For Provisions | -€3.8M | €6.8M |
| Buildings | €192.0M | €152.8M |
| Cash Flows From Used In Operations Before Changes In Working Capital | €178.5M | €197.8M |
| Comprehensive Income Attributable To Noncontrolling Interests | -€3.2M | €3.5M |
| Comprehensive Income Attributable To Owners of Parent | -€46.3M | €86.8M |
| Construction In Progress | €161.1M | €228.7M |
| Current Contract Assets | €3.9M | €1.9M |
| Current Contract Liabilities | €55.6M | €68.8M |
| Current Derivative Financial Assets | €5.0M | €1.4M |
| Current Derivative Financial Liabilities | €200.0K | €9.9M |
| Current Payables For Purchase of Noncurrent Assets | €9.2M | €21.2M |
| Current Provisions | €15.1M | €15.7M |
| Current Tax Assets Current | €4.4M | €4.5M |
| Current Tax Assets Noncurrent | €8.0M | €6.7M |
| Current Tax Liabilities Current | €5.6M | €4.6M |
| Deferred Tax Assets | €20.3M | €24.8M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | €22.0M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €0.90 | — |
| Dividends Recognised As Distributions To Owners Per Share | €0.90 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €2.1M | €3.2M |
| Equity and Liabilities | €1.70B | €1.80B |
| Finance Income | €900.0K | €900.0K |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | €1.5M | -€800.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €1.4M | €1.6M |
| Income Taxes Paid Refund Classified As Operating Activities | €9.8M | €12.9M |
| Increase Decrease In Working Capital | -€17.2M | -€9.1M |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Disposal of Subsidiary | — | -€400.0K |
| Increase Decrease Through Sharebased Payment Transactions | €3.3M | €5.1M |
| Increase Decrease Through Treasury Share Transactions | -€3.2M | -€300.0K |
| Intangible Assets Other Than Goodwill | €66.9M | €66.2M |
| Interest Paid Classified As Financing Activities | €21.0M | €16.6M |
| Issued Capital | €48.8M | €48.8M |
| Land | €38.2M | €40.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | €500.0K | €0 |
| Noncurrent Investments In Equity Instruments Designated At Fair Value Through Other Comprehensive Income | €2.4M | €2.7M |
| Noncurrent Provisions For Employee Benefits | €25.0M | €32.4M |
| Other Adjustments For Noncash Items | €2.1M | €3.9M |
| Other Comprehensive Income | -€62.3M | €28.8M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | €7.3M | -€4.3M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €4.2M | €7.4M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | €5.7M | -€3.5M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€70.6M | €26.5M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -€300.0K | €100.0K |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €2.8M | €5.7M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€64.8M | €22.9M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €2.5M | €5.8M |
| Other Current Financial Assets | €8.1M | €19.8M |
| Other Current Receivables | €33.2M | €27.0M |
| Other Inflows Outflows of Cash Classified As Investing Activities | €500.0K | €3.1M |
| Other Longterm Provisions | €8.0M | €7.0M |
| Other Noncurrent Financial Assets | €3.7M | €3.5M |
| Other Property Plant and Equipment | €320.3M | €327.8M |
| Reserve of Exchange Differences On Translation | -€58.9M | €9.8M |
| Retained Earnings Profit Loss For Reporting Period | €14.1M | €59.0M |
| Revenue From Contracts With Customers | €1.19B | €1.24B |
| Selling Expense | €83.2M | €89.4M |
| Trade and Other Current Payables To Trade Suppliers | €73.4M | €80.9M |
Methodology
Every line item above is a fact tagged in MERSEN's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.