Titan Cement International financials
Titan Cement International
Country: BE Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
213800H2CDP9I374WH83 Financial statements
(EUR, as reported — unscaled; 113 line items across 3 annual periods)
| Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Revenue | €2.64B | €2.55B | — |
| Cost of sales | €1.94B | €1.91B | — |
| Gross profit | €701.9M | €641.9M | — |
| Administrative expenses | €257.4M | €214.9M | — |
| Net finance income / (cost) | -€29.7M | -€51.2M | — |
| Finance costs | €46.5M | €48.0M | — |
| Profit before tax | €375.6M | €339.7M | — |
| Income tax expense | €85.3M | €67.1M | — |
| Profit for the year | €290.3M | €272.6M | — |
| — attributable to owners | €289.2M | €268.6M | — |
| — attributable to NCI | €1.1M | €4.0M | — |
| Total comprehensive income | €300.6M | €218.4M | — |
| Per share | |||
| Basic EPS | €3.89 | €3.59 | — |
| Diluted EPS | €3.89 | €3.59 | — |
| Free cash flow / share | €2.92 | €3.10 | — |
| Cash flow statement | |||
| Cash generated from operations | €550.1M | €516.6M | — |
| Net cash from operating activities | €452.8M | €449.6M | — |
| Income taxes paid | €97.3M | €67.0M | — |
| Net cash from investing activities | -€256.0M | -€220.3M | — |
| Purchase of PP&E (capex) | €234.8M | €214.0M | — |
| Purchase of intangibles | €15.8M | €10.0M | — |
| Net cash from financing activities | -€264.1M | -€136.0M | — |
| Dividends paid | €65.7M | €45.7M | — |
| Proceeds from borrowings | €306.5M | €447.0M | — |
| Lease liability payments | €15.5M | €17.1M | — |
| Net change in cash | -€67.3M | €93.3M | — |
| Balance sheet | |||
| Total assets | €3.28B | €3.21B | €2.99B |
| Non-current assets | €2.33B | €2.19B | €2.18B |
| Property, plant & equipment | €1.81B | €1.69B | €1.66B |
| Intangible assets & goodwill | €273.5M | €274.0M | €280.8M |
| Current assets | €950.5M | €1.02B | €812.2M |
| Inventories | €442.2M | €395.5M | €394.7M |
| Trade & other receivables | €354.2M | €325.7M | €294.8M |
| Cash & equivalents | €123.3M | €194.5M | €105.7M |
| Total equity | €1.82B | €1.58B | €1.42B |
| — attributable to owners | €1.79B | €1.55B | €1.39B |
| Non-controlling interests | €37.4M | €30.7M | €29.7M |
| Non-current liabilities | €920.5M | €785.7M | €999.5M |
| Long-term borrowings | €597.0M | €484.4M | €704.8M |
| Lease liabilities (non-current) | €65.2M | €56.7M | €58.8M |
| Current liabilities | €537.5M | €846.1M | €573.8M |
| Lease liabilities (current) | €16.7M | €15.5M | €16.9M |
| Trade & other payables | €400.6M | €386.3M | €387.7M |
| Deferred tax liabilities | €149.6M | €127.9M | €133.5M |
| Derived metrics | |||
| Free cash flow | €218.0M | €235.5M | — |
| Net margin | 11.0% | 10.7% | — |
| Return on equity | 15.9% | 17.3% | — |
| Cash conversion ratio | 1.56× | 1.65× | — |
| Capex coverage | 1.93× | 2.10× | — |
| Other reported items | |||
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €182.8M | €152.0M | — |
| Adjustments For Income Tax Expense | €85.3M | €67.1M | — |
| Adjustments For Interest Expense | €35.5M | €41.5M | — |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €13.6M | €3.5M | — |
| Comprehensive Income Attributable To Noncontrolling Interests | €8.1M | €1.7M | — |
| Comprehensive Income Attributable To Owners of Parent | €292.5M | €216.7M | — |
| Current Borrowings and Current Portion of Noncurrent Borrowings | €66.4M | €377.8M | €122.5M |
| Current Contract Liabilities | €19.0M | €16.9M | €13.9M |
| Current Tax Assets Current | €29.6M | €10.2M | €1.9M |
| Current Tax Liabilities Current | €15.3M | €17.8M | €5.9M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | €208.0K | — | — |
| Deferred Tax Assets | €4.7M | €3.7M | €5.7M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | €63.4M | €45.0M | — |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | €2.3M | €744.0K | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €3.00 | — | — |
| Dividends Received Classified As Investing Activities | €1.3M | €1.2M | — |
| Dividends Recognised As Distributions To Owners Per Share | €0.85 | €0.60 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€3.9M | -€4.4M | — |
| Equity and Liabilities | €3.28B | €3.21B | €2.99B |
| Finance Income | €10.2M | €5.7M | — |
| Gains Losses On Cash Flow Hedges Before Tax | -€102.0K | -€4.1M | — |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -€1.6M | -€27.6M | — |
| Gains Losses On Net Monetary Position | €8.3M | €18.7M | — |
| Impairment Loss Recognised In Profit Or Loss Goodwill | €17.0M | €111.0K | — |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade Receivables | -€383.0K | €5.5M | — |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -€1.9M | -€543.0K | — |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | -€285.0K | -€69.0K | — |
| Increase Decrease In Accumulated Deferred Tax Recognised In Other Comprehensive Income Due To Change In Tax Rate | €0 | €1.1M | — |
| Increase Decrease In Working Capital | €65.1M | €68.8M | — |
| Increase Decrease Through Acquisition of Subsidiary | €913.0K | — | — |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | €0 | €0 | — |
| Increase Decrease Through Sharebased Payment Transactions | €26.3M | €416.0K | — |
| Increase Decrease Through Transfers and Other Changes Equity | €0 | €0 | — |
| Increase Decrease Through Treasury Share Transactions | €12.9M | €3.9M | — |
| Intangible Assets Other Than Goodwill | €97.2M | €79.6M | €83.9M |
| Interest Paid Classified As Financing Activities | €44.0M | €44.9M | — |
| Interest Received Classified As Investing Activities | €7.2M | €3.4M | — |
| Investment Accounted For Using Equity Method | €105.8M | €109.0M | €100.4M |
| Investment Property | €11.0M | €11.0M | €11.2M |
| Liabilities | €1.46B | €1.63B | €1.57B |
| Miscellaneous Other Operating Expense | €1.8M | €5.4M | — |
| Miscellaneous Other Operating Income | €11.3M | €8.6M | — |
| Noncurrent Contract Liabilities | €0 | €786.0K | €1.3M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | €23.9M | €21.4M | €20.2M |
| Other Adjustments For Noncash Items | €21.2M | €52.2M | — |
| Other Comprehensive Income | €10.3M | -€54.2M | — |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | €22.0M | -€50.7M | — |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€1.6M | -€237.0K | — |
| Other Comprehensive Income Before Tax Hedges of Net Investments In Foreign Operations | -€8.6M | -€5.5M | — |
| Other Inflows Outflows of Cash Classified As Financing Activities | €80.0M | -€80.0M | — |
| Other Longterm Provisions | €66.0M | €67.1M | €52.2M |
| Other Noncurrent Assets | €21.9M | €22.0M | €19.9M |
| Other Noncurrent Liabilities | €10.8M | €25.6M | €13.2M |
| Other Shortterm Provisions | €18.3M | €17.6M | €14.5M |
| Payments To Acquire Or Redeem Entitys Shares | €22.4M | €14.9M | — |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €3.2M | €6.0M | — |
| Proceeds From Sale Or Issue of Treasury Shares | €488.0K | €1.1M | — |
| Purchase of Treasury Shares | €22.4M | €14.9M | — |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | €3.6M | -€6.8M | — |
| Sale Or Issue of Treasury Shares | €488.0K | €1.1M | — |
| Sales and Marketing Expense | €40.0M | €36.2M | — |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Before Tax | €2.0K | €7.0K | — |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €8.0M | €2.6M | — |
| Shortterm Deposits Not Classified As Cash Equivalents | €0 | €80.0M | €0 |
Methodology
Every line item above is a fact tagged in Titan Cement International'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.