Tessenderlo Group NV Company Profile

Tessenderlo Group NV

Chemical

Establishment Year
1972
Headquarters
Belgium
Key Management
Mr. Luc Tack
Revenue (US$ Mn)
~ 2,443.2 (2021)
Headcount
~ 4,800 (2021)
Website
www.tessenderlo.com

Business Description

Tessenderlo Group NV, a holding company, provides chemical solutions for the agricultural, food, construction, and health markets. The company was established in 1919. It is headquartered in Brussels in Belgium. It has four segments: Bio-Valorization, Agro, and Industrial Solutions. T-Power. The Bio-Valorization segment covers the collection and processing of animal by-products, as well as the manufacturing and distribution of collagen proteins.

The Agro segment is concerned with the production and distribution of crop nutrients and crop protection products. The Industrial Solutions segment produces, trades and sells plastic pipes systems and water treatment chemicals. T-Power includes the combined cycle gas turbine.

Key Financials

Revenue (US$ Mn)

US$ 2,443 Mn was Tessenderlo Group NV’s annual revenue in 2021, a 14.52% increase from 2020 figures
Tessenderlo Group NV indexed a 9.3% increase in annual revenues from 2019, amounting to US$ 2,134 Mn in 2020
Tessenderlo Group NV generated total revenue of US$ 1,952 Mn in 2019
Annual revenue of US$ 1,854 Mn was indexed by Tessenderlo Group NV in 2018

Operating Income (US$ Mn)

US$ 266 Mn was the operating income generated by Tessenderlo Group NV in 2021
Tessenderlo Group NV’s operating income for 2020 was US$ 221 Mn, a 53.01% increase from 2019
From 2018’s operating incomes, Tessenderlo Group NV registered a 28.9% increase in 2019, amounting to US$ 145 Mn
An operating income of US$ 112 Mn was generated in 2018 by Tessenderlo Group NV

Net Income (US$ Mn)

Tessenderlo Group NV’s net income for 2021 was US$ 221 Mn, an 81.41% increase from 2020
The net income generated by Tessenderlo Group NV in 2020 was US$ 122 Mn
At a 2.19% increase, Tessenderlo Group NV’s net income of US$ 108 Mn was indexed in 2019
Tessenderlo Group NV generated a net income of US$ 105 Mn in 2018

Operating Margin %

11% was the operating margin generated by Tessenderlo Group NV in 2021
Tessenderlo Group NV’s operating margin for 2020 was 10%, a 39.19% increase from 2019
From 2018’s operating margins, Tessenderlo Group NV registered a 23.33% increase in 2019, amounting to 7%
An operating margin of 6% was generated in 2018 by Tessenderlo Group NV

Gross Margin %

Tessenderlo Group NV’s gross margin for 2021 was 26%, a -5.05% decrease from 2020
The gross margin generated by Tessenderlo Group NV in 2020 was 28%
At a 5.46% increase, Tessenderlo Group NV’s gross margin of 25% was indexed in 2019
Tessenderlo Group NV generated a gross margin of 24% in 2018