July 26, 2016 9:37 AM ET

Machinery

Company Overview of MECATHERM S.A.

Company Overview

MECATHERM S.A. develops, manufactures, and installs ovens, equipment, and automated production lines for fresh or frozen, fully baked, or par-baked industrial bakery products worldwide. It offers standard, specialty, artisan, tin, and soft bread production lines; puff pastries, pizzas, quiches, and pies production lines; and ovens for tin-breads, brioches, vegetables, and milky desserts. The company was founded in 1964 and is based in Schirmeck, France.

Route du Maréchal de Lattre de Tassigny

Barembach

Cedex

Schirmeck,  67133

France

Founded in 1964

Phone:

33 3 88 47 43 00

Fax:

33 3 88 47 43 03

Key Executives for MECATHERM S.A.

Chairman of the Board and Chief Executive Officer
President and Managing Director
Deputy Managing Director
Logistic Director
Research and Development Director
Compensation as of Fiscal Year 2016.

MECATHERM S.A. Key Developments

Mecatherm Reports Consolidated Earnings Results for the Second Half and Full Year of 2015; Provides Earnings Guidance for the Full Year of 2016

Mecatherm reported consolidated earnings results for the second half and full year of 2015. For the second half, the company notwithstanding adjusted LBITDA of EUR 11.8 million, this plan produced a significant trend reversal, as LBITDA was EUR 2.5 million against LBITDA of EUR 9.3 million in first half of 2015. Net debt contracted by EUR 11 million to EUR 42.1 million as of December 31, 2015. For the full year, the company sales totaled EUR 96.4 million, down 7.9% from 2014, because more conservative percentage-of-completion rules were applied. For the full year of 2016, the company expects to return to positive EBITDA.

Mecatherm Announces Sales Results for the Third Quarter and Nine Months of 2015

Mecatherm announced sales results for the third quarter and nine months of 2015. For the quarter, the company reported sales were EUR 27.2 million against EUR 20.1 million a year ago. For the nine months, the company reported sales were EUR 65.5 million against EUR 57.0 million a year ago.

Mecatherm Reports Sales Results for the First Quarter 2015

Mecatherm reported sales results for the first quarter 2015. The company's sales were €18.7 million against €17.1 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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