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T

Tessenderlo Group TESB.BR · EUR

Materials · Euronext Brussels · 🇧🇪 Belgium

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17.46

-0.91%

Close of 9 Nov 2026, in EUR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€2.76bn

FY2016FY2025

Net income

−€81.1m

FY2016FY2025

Free cash flow

€74.3m

FY2016FY2025

Shareholders' equity

€1.69bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€2.76bn€2.65bn€2.93bn€2.59bn€2.08bn€1.74bn€1.74bn€1.62bn€1.66bn€1.59bn
Gross profit€525.7m€513.1m€558.2m€668.0m€547.0m€481.5m€436.7m€385.4m€406.2m€394.1m
Research and development€27.3m€28.0m€29.5m€13.1m€10.4m€11.9m€11.8m€10.5m€9.8m€8.3m
Operating income€66.2m€59.5m€120.6m€293.4m€225.1m€175.9m€134.1m€97.7m€51.8m€123.2m
Net income−€81.1m€42.7m€109.5m€226.9m€187.8m€99.1m€96.1m€91.7m€25.6m€98.8m
Diluted earnings per share-1.340.711.755.264.372.302.232.130.592.30

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€2.64bn€2.97bn€2.91bn€2.30bn€2.21bn€1.97bn€1.91bn€1.84bn€1.41bn€1.36bn
Cash and short-term investments€158.0m€252.4m€177.0m€156.1m€330.3m€250.1m€154.5m€164.1m€195.5m€119.2m
Total liabilities€938.2m€1.06bn€965.9m€897.6m€1.08bn€1.06bn€1.09bn€1.10bn€772.3m€752.8m
Debt€159.9m€257.4m€236.8m€265.6m€405.1m€451.3m€502.0m€512.1m€254.0m€255.8m
Shareholders' equity€1.69bn€1.90bn€1.93bn€1.40bn€1.13bn€903.0m€674.8m€735.1m€637.7m€604.7m
Shares outstanding61m60m62m43m43m43m43m43m43m43m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€225.7m€333.2m€219.2m€199.8m€248.1m€282.3m€219.7m€107.6m€184.2m€109.4m
Capital spending−€151.4m−€179.7m−€178.5m−€112.8m−€95.7m−€99.5m−€102.8m−€82.3m−€89.2m−€93.6m
Free cash flow€74.3m€153.5m€40.7m€87.0m€152.4m€182.8m€116.9m€25.3m€95.0m€15.8m
Dividends paid−€45.0m−€54.0m−€39.9m−€219.2m——————

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022
Revenue€1.49bn€1.28bn€1.49bn€1.26bn€1.39bn€1.30bn€1.63bn€1.25bn
Gross profit€310.2m€226.2m€299.5m€231.4m€281.7m€223.0m€335.2m€308.0m
Operating income€90.7m€15.0m€51.2m€12.2m€56.3m€13.1m€106.9m€117.6m
Net income€66.1m−€71.6m−€9.5m−€17.7m€60.4m€29.1m€80.4m€63.3m
Diluted earnings per share1.12-1.18-0.16-0.291.000.471.291.47
Cash from operations€105.0m€97.0m€126.0m€159.0m€171.0m€110.0m€107.0m€93.0m
Capital spending−€43.0m−€78.0m−€73.0m−€104.0m−€75.0m−€79.0m−€97.0m−€53.0m
Free cash flow€62.0m€19.0m€53.0m€55.0m€96.0m€31.0m€10.0m€40.0m
Total assets€2.71bn€2.64bn€2.83bn€2.97bn€2.91bn€2.91bn€3.06bn€2.30bn
Cash and short-term investments€134.7m€158.0m€236.2m€252.4m€177.8m€177.0m€220.7m€156.1m
Debt€113.5m€159.9m€225.8m€222.4m€195.6m€196.9m€219.3m€230.1m
Shareholders' equity€1.71bn€1.69bn€1.78bn€1.90bn€1.93bn€1.93bn€1.93bn€1.23bn

Financial ratios

Data as of 2 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin19.0%19.4%19.1%25.8%26.3%27.7%
Operating margin-1.7%2.2%4.3%11.3%10.8%10.6%
Net margin-2.9%1.6%3.7%8.8%9.0%5.7%
Return on equity-4.8%2.3%5.7%16.2%16.6%11.0%
Return on assets-3.1%1.4%3.8%9.9%8.5%5.0%
Free cash flow yield36.3%49.4%37.1%42.2%46.6%51.7%
Revenue growth4.4%-9.6%13.2%24.3%19.8%-0.3%
Earnings growth-289.9%-61.0%-51.7%20.8%89.5%3.1%
Current ratio2.07x2.11x2.57x2.54x1.84x2.38x
Debt to equity0.09x0.12x0.10x0.16x0.33x0.46x
Equity ratio63.9%63.8%66.2%60.9%51.2%45.9%
Interest coverage-4.03x5.04x13.85x32.60x21.44x17.83x
R&D as a share of sales1.0%1.1%1.0%0.5%0.5%0.7%
Buybacks as a share of market value-0.2%3.1%-44.8%-0.2%0.0%0.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.2%9.7%5.7%
Operating income-39.1%-17.8%-4.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin19.2%20.7%22.3%23.1%
Operating margin2.3%4.9%6.4%6.3%
Net margin-0.7%2.7%4.0%4.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-19.526.816.16.37.614.214.113.765.515.2
Price to sales0.60.40.60.60.70.80.80.81.00.9

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 3 Jun 2026.

FY2026FY2025FY2024FY2023FY2013FY2012FY2011FY2010
Paid in the year0.750.750.750.751.2521.2521.2521.252
  • 10-for-1 split · 20 Jun 1997
  • 11-for-10 split · 20 Jun 1996

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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