TESMEC SPA financials
TESMEC SPA
Country: IT Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
81560069957E4ACDD336 ISIN: IT0004585243 Financial statements
(EUR, as reported — unscaled; 116 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | €257.6M | €239.5M |
| Operating expenses | €238.1M | €219.1M |
| Employee benefits expense | €54.5M | €53.0M |
| Raw materials & consumables used | €116.0M | €109.0M |
| Depreciation & amortisation | €21.0M | €20.7M |
| Operating profit (EBIT) | €19.5M | €20.4M |
| Finance costs | €23.2M | €22.0M |
| Profit before tax | -€215.0K | €3.8M |
| Income tax expense | €2.2M | €3.6M |
| Profit for the year | €2.1M | -€4.8M |
| — attributable to owners | €1.7M | -€5.2M |
| — attributable to NCI | €436.0K | €364.0K |
| Total comprehensive income | -€5.4M | -€493.0K |
| Per share | ||
| Diluted EPS | €3.00 | €-9.00 |
| Free cash flow / share | €48.35 | €19.74 |
| Cash flow statement | ||
| Net cash from operating activities | €48.4M | €16.1M |
| Net cash from investing activities | -€18.6M | -€26.0M |
| Purchase of PP&E (capex) | €14.1M | €5.5M |
| Purchase of intangibles | €14.2M | €12.4M |
| Net cash from financing activities | -€18.4M | -€3.6M |
| Proceeds from borrowings | €53.4M | €32.1M |
| Repayments of borrowings | €66.5M | €40.0M |
| Lease liability payments | €16.4M | €25.0M |
| Net change in cash | €11.9M | -€24.5M |
| Balance sheet | ||
| Total assets | €402.4M | €424.0M |
| Non-current assets | €138.2M | €134.4M |
| Property, plant & equipment | €37.4M | €34.2M |
| Right-of-use assets | €19.8M | €23.4M |
| Current assets | €264.2M | €270.0M |
| Inventories | €87.7M | €96.1M |
| Trade & other receivables | €61.1M | €55.4M |
| Cash & equivalents | €40.6M | €29.6M |
| Total equity | €73.7M | €77.6M |
| — attributable to owners | €70.8M | €74.5M |
| Non-controlling interests | €3.0M | €3.1M |
| Non-current liabilities | €105.7M | €109.1M |
| Lease liabilities (non-current) | €18.0M | €23.3M |
| Current liabilities | €223.0M | €213.5M |
| Lease liabilities (current) | €9.6M | €10.5M |
| Trade & other payables | €103.8M | €79.9M |
| Deferred tax liabilities | €1.9M | €1.6M |
| Derived metrics | ||
| Free cash flow | €34.3M | €10.6M |
| Operating margin | 7.6% | 8.5% |
| Net margin | 0.8% | -2.0% |
| Return on equity | 2.9% | -6.2% |
| Cash conversion ratio | 22.77× | -3.34× |
| Capex coverage | 3.42× | 2.91× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €4.1M | €6.8M |
| Adjustments For Decrease Increase In Trade Account Receivable | -€1.8M | -€13.1M |
| Adjustments For Depreciation and Amortisation Expense | €21.0M | €20.7M |
| Adjustments For Income Tax Expense | €887.0K | €462.0K |
| Adjustments For Increase Decrease In Trade Account Payable | €29.6M | €450.0K |
| Adjustments For Increase In Other Provisions Arising From Passage of Time | €2.4M | €5.4M |
| Adjustments For Provisions | -€91.0K | €16.0K |
| Amounts Receivable Related Party Transactions | €4.7M | €1.8M |
| Cash Flows From Used In Operating Activities Discontinued Operations | €460.0K | -€10.9M |
| Changes In Equity | €0 | — |
| Comprehensive Income Attributable To Noncontrolling Interests | €90.0K | €541.0K |
| Comprehensive Income Attributable To Owners of Parent | -€5.5M | -€1.0M |
| Current Advances | €7.7M | €3.2M |
| Current Bonds Issued and Current Portion of Noncurrent Bonds Issued | €1.9M | €0 |
| Current Derivative Financial Assets | €0 | €13.0K |
| Current Financial Assets | €22.1M | €35.7M |
| Current Tax Assets Current | €2.0M | €2.7M |
| Current Tax Assets Noncurrent | €13.8M | €14.7M |
| Current Tax Liabilities Current | €1.5M | €3.2M |
| Derivative Financial Liabilities | €0 | €60.0K |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€889.0K | €356.0K |
| Equity and Liabilities | €402.4M | €424.0M |
| Finance Income | €3.6M | €5.4M |
| Financial Assets Availableforsale | €302.0K | €0 |
| Gains Losses On Exchange Differences On Translation Net of Tax | -€4.5M | €3.2M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €10.0K | -€5.0K |
| Increase Decrease In Fair Value Measurement Assets | -€90.0K | €486.0K |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | €2.2M | — |
| Increase Decrease Through Transfers and Other Changes Equity | -€649.0K | — |
| Intangible Assets Other Than Goodwill | €46.4M | €42.2M |
| Investment Accounted For Using Equity Method | €13.2M | €7.1M |
| Investments In Subsidiaries Joint Ventures and Associates | €42.0K | €43.0K |
| Issued Capital | €15.7M | €15.7M |
| Leases As Lessee Related Party Transactions | €0 | €3.6M |
| Liabilities | €328.6M | €346.3M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €0 | €23.7M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | €0 | €19.6M |
| Noncurrent Derivative Financial Assets | €21.0K | €72.0K |
| Noncurrent Derivative Financial Liabilities | €83.0K | €176.0K |
| Noncurrent Financial Assets | €6.0M | €9.7M |
| Noncurrent Payables To Related Parties | €490.0K | €3.8M |
| Noncurrent Portion of Noncurrent Bonds Issued | €5.9M | €7.6M |
| Noncurrent Provisions For Employee Benefits | €3.9M | €3.9M |
| Noncurrent Receivables | €1.5M | €2.9M |
| Other Comprehensive Income | -€7.5M | €4.3M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €43.0K | -€19.0K |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €33.0K | -€14.0K |
| Other Current Financial Liabilities | €82.0M | €98.1M |
| Other Current Liabilities | €13.9M | €15.9M |
| Other Current Nonfinancial Assets | €16.2M | €13.7M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -€1.5M | €1.0M |
| Other Inflows Outflows of Cash Classified As Operating Activities | -€5.2M | -€5.4M |
| Other Noncurrent Financial Liabilities | €75.9M | €72.5M |
| Other Noncurrent Nonfinancial Assets | €6.0K | €8.0K |
| Other Operating Income Expense | -€7.0M | -€4.7M |
| Other Reserves | €53.4M | €64.0M |
| Other Shortterm Provisions | €2.6M | €2.6M |
| Other Work Performed By Entity and Capitalised | €12.3M | €10.6M |
| Proceeds From Disposal of Noncurrent Assets Or Disposal Groups Classified As Held For Sale and Discontinued Operations | €0 | €2.6M |
| Profit Loss From Continuing Operations | -€2.4M | €236.0K |
| Profit Loss From Discontinued Operations | €4.5M | -€5.1M |
| Purchases of Goods Related Party Transactions | €266.0K | €9.0K |
| Reclassification Adjustments On Exchange Differences On Translation Net of Tax | €3.0M | -€1.2M |
| Revenue From Sale of Goods Related Party Transactions | €10.0M | €4.1M |
| Services Expense | €52.4M | €42.7M |
| Services Received Related Party Transactions | €644.0K | €280.0K |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €465.0K | €367.0K |
| Trade and Other Current Payables To Related Parties | €12.9M | €2.6M |
| Work In Progress | €34.3M | €36.7M |
Methodology
Every line item above is a fact tagged in TESMEC SPA'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.