Company Profile
Tesmec S.p.A. specializes in designing, producing, and selling construction and infrastructure (network and channel) maintenance materials. Net sales break down by product family as follows:
- trenchers (54.5%): excavators on tracks, terracing machines, multi-function shovels, etc.
technical assistance, training, and maintenance);
- winches (26.9%): winches for stringing overhead and underground electric lines, winches for stretching telecom cables, hoisting winches, hydraulic winches, etc.;
- rails (18.6%).
Net sales break down primarily by source of revenue into sales of products (77.8%) and services (19.6%; technical assistance, training and maintenance).
At the end of 2023, the group had 8 manufacturing sites located in Italy (6), France and the United States.
Net sales are distributed geographically as follows: Italy (20.1%), Europe (26.6%), North and Central America (18.6%), Middle East (13.6%), Africa (4.7%) and other (16.4%).
- trenchers (54.5%): excavators on tracks, terracing machines, multi-function shovels, etc.
technical assistance, training, and maintenance);
- winches (26.9%): winches for stringing overhead and underground electric lines, winches for stretching telecom cables, hoisting winches, hydraulic winches, etc.;
- rails (18.6%).
Net sales break down primarily by source of revenue into sales of products (77.8%) and services (19.6%; technical assistance, training and maintenance).
At the end of 2023, the group had 8 manufacturing sites located in Italy (6), France and the United States.
Net sales are distributed geographically as follows: Italy (20.1%), Europe (26.6%), North and Central America (18.6%), Middle East (13.6%), Africa (4.7%) and other (16.4%).
Source: Cofisem - Last Update: 2024-08-28
Key Executives
| Chief Executive Officer | |
| Head of Investor Relations | |
| Chief Financial Officer |
Source: Cofisem - Last Update: 2024-08-28
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net sales | 251,917 | 245,245 | 194,286 | 170,655 | 200,666 |
| Income from ordinary activities | 251,917 | 245,245 | 194,286 | 170,655 | 200,666 |
| Operating income | 11,062 | 14,063 | 5,687 | -863 | 8,374 |
| Cost of financial indebtedness net | 10,950 | 5,690 | 3,942 | 4,660 | 4,283 |
| Equity-accounted companies contribution to income | -8 | 44 | -25 | 129 | 24 |
| Net profit from discontinued activities | 0 | ||||
| Net income | -2,698 | 7,916 | 1,209 | -6,811 | 2,981 |
| Net income (Group share) | -2,969 | 7,862 | 1,195 | -6,828 | 2,967 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-08-28
Shareholder information
| Group-owned stock | |
| Members of the board | |
| Free float | |
| Palladio Holding S.p.A. | |
| TTC S.r.l. |
Source: Cofisem - Last Update: 2024-08-28
Address
Tesmec S.p.A.
Piazza S. Ambrogio 16
IT-20123 Milano
Italy
Phone number: +39 (0)35 4232911
Fax: +39 (0)35 4533444
https://www.tesmec.com
Source: Cofisem - Last Update: 2024-08-28
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