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Last €29.98 EUR
Change Today +2.95 / 10.90%
Volume 789.0K
TESB On Other Exchanges
Symbol
Exchange
Stuttgart
As of 11:35 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

tessenderlo chemie (TESB) Snapshot

Open
€27.95
Previous Close
€27.03
Day High
€30.26
Day Low
€27.86
52 Week High
04/24/15 - €30.26
52 Week Low
10/16/14 - €18.32
Market Cap
1.3B
Average Volume 10 Days
183.3K
EPS TTM
--
Shares Outstanding
42.4M
EX-Date
06/5/15
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TESSENDERLO CHEMIE (TESB)

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tessenderlo chemie (TESB) Details

Tessenderlo Chemie NV, together with its subsidiaries, provides various solutions for food, agriculture, water management, and natural resources worldwide. It operates through three segments: Agro, Bio-Valorization, and Industrial Solutions. The Agro segment offers specialty liquid fertilizers, including ammonium thiosulfate under the Thio-Sul brand, potassium thiosulfate under the KTS brand, and other fertilizers and soil amendment products under the CROP VITALITY brand name; potassium sulfate fertilizers under the K-Leaf and SoluPotasse brand names for the agricultural end markets; and crop protection products. The Bio-Valorization segment provides gelatin that are collagen proteins for food, pharma, photography, health and nutrition, and technical applications. This segment also specializes in the valorization of organic by-products primarily animal by-products; and produces animal fats and meat meals from fallen stock, which are valorized as bio-fuels and are used as an alternative to fossil fuels to generate energy. The Industrial Solutions segment produces and sells plastic pipe systems for water supply and drainage systems, as well as pipe systems for gas, telecommunications, and other applications; coagulants and other chemicals for industrial and municipal markets to treat their waste water or clean drinking water; and mining and industrial chemicals. This segment also provides onsite optimization of environmental control systems, as well as the delivers services for oil and gas industries to treat and dispose fracking water. Tessenderlo Chemie NV was founded in 1892 and is headquartered in Brussels, Belgium.

4,800 Employees
Last Reported Date: 03/27/15
Founded in 1892

tessenderlo chemie (TESB) Top Compensated Officers

Co-Chief Executive Officer, Chief Financial O...
Total Annual Compensation: €522.9K
Co-Chief Executive Officer and Executive Dire...
Total Annual Compensation: €351.9K
Compensation as of Fiscal Year 2014.

tessenderlo chemie (TESB) Key Developments

Tessenderlo Chemie to Invest EUR 50 Million at its Produits Chimiques de Loos

Tessenderlo Chemie NV has announced that it will invest EUR 50 million at its Produits Chimiques de Loos, or PC Loos, site, a part of its water treatment business unit. The bulk of the investment will be spent on the construction of a new membrane technology based production plant, to replace the existing mercury electrolysis. In conjunction with this investment, PC Loos is planning a re-entry by third quarter 2015 into the potassium hydroxide market, in which the company again wants to play a crucial role. The chlorine required for the production of these coagulants is currently manufactured using a process based on mercury electrolysis. However, current regulations impose the phase-out of this technology by the end of 2017.

Tessenderlo Chemie NV to Report Q1, 2015 Sales/Trading Statement Results on Apr 24, 2015

Tessenderlo Chemie NV announced that they will report Q1, 2015 sales/trading statement results on Apr 24, 2015

Tessenderlo Chemie Announces Earnings Results for the Fourth Quarter and Full Year of 2014; Provides Earnings Guidance for the Year of 2015

Tessenderlo Chemie announced earnings results for the fourth quarter and full year of 2014. For the fourth quarter, the company revenues increased by 4.9% at comparable scope. EBITDA almost doubled at comparable scope or increased by 61% when excluding the ForEx effect. For the full year, the 2014 REBITDA increased by 32.6% at comparable scope or 34.4% when excluding the ForEx effect. The group realized a profit of EUR 52.8 million, which led to an earnings per share of EUR 1.67, compared to a loss of EUR 65 million last year. The profit after tax of EUR 52.8 million, compared to a loss of EUR 65.1 million last year, is explained by the following: an increase of the operational results with a REBIT which moved from EUR 46 million to EUR 67 million; lower net finance cost compared to 2014. The total comprehensive income for the period, which shows, in fact, the effective total result of the group impacting the equity, amount to EUR 23.7 million. The difference with the profit of EUR 52.8 million mainly relates to negative translation differences of EUR 13.5 million as well as the negative impact of the remeasurement of the pension liabilities for EUR 13.1 million, the latter being closed by decreasing discount rates. The cash flow from operating activities minus the CapEx amounts to EUR 23.8 million. As far as the revenue is concerned, the total revenue decreased by about 20% in 2014 versus 2013, primarily due to the impact of the divested companies. The net debt -net financial debt stood at EUR 57.1 million versus EUR 259 million. The main drivers of this reduction are the capital increase. After taking account the relative expenses, the net amount was EUR 173.3 million, and the higher operational result and cash flow. Operational free cash flow of close to EUR 50 million. The company CapEx which will be likely higher than in 2014, where the company spent around EUR 65 million. The company likely to be more in the range around EUR 100 million, EUR 110 million, EUR 115 million. It's always difficult to determine, but will have a higher - will actually rate CapEx program in 2015. 2015 REBITDA will slightly grow compared to the 2014 REBITDA.

 

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Industry Analysis

TESB

Industry Average

Valuation TESB Industry Range
Price/Earnings 16.1x
Price/Sales 0.6x
Price/Book 2.6x
Price/Cash Flow 21.3x
TEV/Sales 0.5x
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