TESSENDERLO GROUP financials
TESSENDERLO GROUP
Country: BE Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
549300ZKLIF7RP6EH823 ISIN: BE0003555639 Financial statements
(EUR, as reported — unscaled; 111 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | €2.65B | €2.93B |
| Cost of sales | €2.13B | €2.37B |
| Gross profit | €513.2M | €558.2M |
| Distribution costs | €162.0M | €157.8M |
| Administrative expenses | €160.4M | €150.8M |
| Operating profit (EBIT) | €16.5M | €120.6M |
| Net finance income / (cost) | €31.3M | -€3.6M |
| Finance costs | €19.9M | €43.8M |
| Profit before tax | €46.6M | €116.4M |
| Income tax expense | €2.6M | €2.0M |
| Profit for the year | €44.0M | €114.4M |
| — attributable to owners | €42.8M | €109.5M |
| — attributable to NCI | €1.3M | €4.9M |
| Total comprehensive income | €57.3M | €87.4M |
| Per share | ||
| Basic EPS | €0.70 | €1.74 |
| Diluted EPS | €0.70 | €1.74 |
| Free cash flow / share | €2.44 | €0.64 |
| Cash flow statement | ||
| Cash generated from operations | €351.6M | €265.2M |
| Net cash from operating activities | €333.2M | €219.2M |
| Income taxes paid | -€18.3M | -€46.0M |
| Net cash from investing activities | -€232.9M | -€76.7M |
| Purchase of PP&E (capex) | €179.7M | €177.1M |
| Purchase of intangibles | €900.0K | €1.4M |
| Net cash from financing activities | -€94.7M | -€120.3M |
| Dividends paid | €54.0M | €39.9M |
| Lease liability payments | €21.5M | €20.7M |
| Balance sheet | ||
| Total assets | €2.93B | €2.91B |
| Non-current assets | €1.67B | €1.66B |
| Property, plant & equipment | €1.23B | €1.16B |
| Intangible assets & goodwill | €74.8M | €31.8M |
| Current assets | €1.27B | €1.26B |
| Cash & equivalents | €182.4M | €177.0M |
| Total equity | €1.91B | €1.95B |
| — attributable to owners | €1.90B | €1.93B |
| Non-controlling interests | €16.4M | €17.9M |
| Non-current liabilities | €422.7M | €476.0M |
| Long-term borrowings | €134.1M | €175.3M |
| Current liabilities | €599.7M | €490.0M |
| Current portion of long-term borrowings | €123.3M | €61.4M |
| Trade & other payables | €433.0M | €405.5M |
| Deferred tax liabilities | €114.1M | €126.5M |
| Derived metrics | ||
| Free cash flow | €153.5M | €42.1M |
| Operating margin | 0.6% | 4.1% |
| Net margin | 1.7% | 3.9% |
| Return on equity | 2.3% | 5.9% |
| Cash conversion ratio | 7.57× | 1.92× |
| Capex coverage | 1.85× | 1.24× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €51.3M | €25.7M |
| Adjustments For Decrease Increase In Trade and Other Receivables | €32.5M | €58.9M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €211.5M | €198.7M |
| Adjustments For Finance Costs | €19.9M | €43.8M |
| Adjustments For Finance Income | -€51.2M | -€40.2M |
| Adjustments For Increase Decrease In Trade and Other Payables | €21.4M | -€157.4M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -€400.0K | €0 |
| Adjustments For Provisions | €20.4M | -€4.8M |
| Adjustments For Undistributed Profits of Associates | €1.1M | €500.0K |
| Bank Overdrafts Classified As Cash Equivalents | €0 | €100.0K |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €60.8M | -€39.3M |
| Changes In Equity | -€93.6M | €458.1M |
| Comprehensive Income Attributable To Noncontrolling Interests | €1.5M | €5.4M |
| Comprehensive Income Attributable To Owners of Parent | €58.8M | €82.0M |
| Current Derivative Financial Liabilities | €6.3M | €6.1M |
| Current Provisions For Employee Benefits | €600.0K | €800.0K |
| Current Tax Assets | €12.2M | €15.9M |
| Current Tax Liabilities | €5.6M | €2.1M |
| Deferred Tax Assets | €59.1M | €50.2M |
| Derivative Financial Assets | €4.1M | €3.0M |
| Dividends Received Classified As Investing Activities | €0 | €800.0K |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€200.0K | -€1.3M |
| Equity and Liabilities | €2.93B | €2.91B |
| Finance Income | €51.2M | €40.2M |
| Gains Losses On Exchange Differences On Translation Net of Tax | €9.8M | -€21.5M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -€300.0K | -€500.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €900.0K | -€400.0K |
| Income Taxes Paid Refund Classified As Operating Activities | €2.6M | €2.0M |
| Increase Decrease In Cash and Cash Equivalents | €5.7M | €22.2M |
| Increase Decrease Through Treasury Share Transactions | -€47.3M | -€32.4M |
| Intangible Assets Other Than Goodwill | €244.2M | €286.9M |
| Interest Paid Classified As Financing Activities | €9.1M | €10.4M |
| Inventories Total | €560.3M | €604.5M |
| Investment Accounted For Using Equity Method | €23.5M | €23.6M |
| Issue of Equity | — | €1.72B |
| Issued Capital | €428.3M | €428.3M |
| Liabilities | €1.02B | €966.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €0 | €200.0K |
| Noncurrent Derivative Financial Assets | €1.1M | €300.0K |
| Noncurrent Derivative Financial Liabilities | €1.7M | €3.4M |
| Noncurrent Payables | €3.8M | €6.8M |
| Noncurrent Provisions For Employee Benefits | €43.2M | €45.0M |
| Noncurrent Receivables | €27.9M | €26.1M |
| Other Adjustments For Noncash Items | -€3.2M | €2.9M |
| Other Comprehensive Income | €13.3M | -€27.0M |
| Other Comprehensive Income Before Tax Gains Losses On Hedging Instruments That Hedge Investments In Equity Instruments | -€1.2M | -€2.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €3.8M | -€4.3M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Before Tax | €1.5M | €0 |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €10.3M | -€23.1M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €2.9M | -€3.9M |
| Other Current Financial Assets | €70.0M | €0 |
| Other Financial Assets | €3.7M | €12.2M |
| Other Longterm Provisions | €125.8M | €119.0M |
| Other Noncurrent Financial Assets | €0 | €70.0M |
| Other Operating Income Expense | -€29.7M | -€32.0M |
| Other Shortterm Provisions | €30.9M | €13.9M |
| Payments To Acquire Or Redeem Entitys Shares | €47.3M | €32.4M |
| Proceeds From Noncurrent Borrowings | €65.0M | €5.8M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €1.2M | €200.0K |
| Repayments of Noncurrent Borrowings | €39.8M | €43.7M |
| Sales and Marketing Expense | €97.2M | €97.6M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -€1.1M | -€500.0K |
| Share Premium | €1.74B | €1.74B |
| Trade and Other Receivables | €438.5M | €457.0M |
Methodology
Every line item above is a fact tagged in TESSENDERLO GROUP'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.