Tessenderlo Group NV Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,763	2,648	2,928	2,588	2,082
Revenue Growth (YoY)	4.36%	-9.58%	13.17%	24.31%	19.81%
Cost of Revenue	2,238	2,146	2,370	1,920	1,535
Gross Profit	525.4	502.1	558.2	668	547
Selling, General & Admin	421.6	420.3	406.9	349.3	306.7
Other Operating Expenses	41.8	36.9	32.7	-6.1	14.5
Operating Expenses	463.4	457.2	439.6	343.2	321.2
Operating Income	62	44.9	118.6	324.8	225.8
Interest Expense	-7.8	-6.6	-6.6	-7.2	-9.4
Interest & Investment Income	6.4	10.1	10.6	0.9	0.4
Earnings From Equity Investments	2.9	-1.1	-0.5	4.8	0.7
Currency Exchange Gain (Loss)	-54.4	30.8	-14.8	5.4	14.7
Other Non Operating Income (Expenses)	-3.5	-4.3	-2.9	-2.6	-1.2
EBT Excluding Unusual Items	5.6	73.8	104.4	326.1	231
Merger & Restructuring Charges	-6.4	-19.7	-	-0.3	-1.7
Gain (Loss) on Sale of Investments	-	2	10.8	-	-
Gain (Loss) on Sale of Assets	2.5	0.4	1.2	1	3.5
Asset Writedown	-59	-9.8	-	-37.6	-1.9
Pretax Income	-57.3	46.7	116.4	289.2	230.9
Income Tax Expense	22.9	2.6	2	62.4	42.6
Earnings From Continuing Operations	-80.2	44.1	114.4	226.8	188.3
Minority Interest in Earnings	-0.9	-1.3	-4.9	0.1	-0.5
Net Income	-81.1	42.8	109.5	226.9	187.8
Net Income to Common	-81.1	42.8	109.5	226.9	187.8
Net Income Growth	-	-60.91%	-51.74%	20.82%	89.51%
Shares Outstanding (Basic)	61	61	63	43	43
Shares Outstanding (Diluted)	61	61	63	43	43
Shares Change (YoY)	-1.39%	-2.52%	46.32%	0.17%	-0.23%
EPS (Basic)	-1.34	0.70	1.74	5.27	4.37
EPS (Diluted)	-1.34	0.70	1.74	5.26	4.36
EPS Growth	-	-59.90%	-66.99%	20.64%	89.72%
Free Cash Flow	74.7	153.5	42.1	87	152.4
Free Cash Flow Per Share	1.23	2.50	0.67	2.02	3.54
Dividend Per Share	0.750	0.750	0.750	0.750	-
Gross Margin	19.02%	18.96%	19.06%	25.82%	26.28%
Operating Margin	2.24%	1.70%	4.05%	12.55%	10.85%
Profit Margin	-2.94%	1.62%	3.74%	8.77%	9.02%
Free Cash Flow Margin	2.70%	5.80%	1.44%	3.36%	7.32%
EBITDA	271.4	245.6	319.2	460.1	355.7
EBITDA Margin	9.82%	9.28%	10.90%	17.78%	17.09%
D&A For EBITDA	209.4	200.7	200.6	135.3	129.9
EBIT	62	44.9	118.6	324.8	225.8
EBIT Margin	2.24%	1.70%	4.05%	12.55%	10.85%
Effective Tax Rate	-	5.57%	1.72%	21.58%	18.45%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.