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

 

SWOT Analysis

Strengths