SIEMENS ENERGY INDUSTRIAL TURBOMACHINERY LE HAVRE S.A.S. : revenue, balance sheet and financial ratios

In 2025, SIEMENS ENERGY INDUSTRIAL TURBOMACHINERY LE HAVRE S.A.S. achieves revenue of 140.1 M€. Activity remains stable over the period (CAGR: -0.3%). Vs 2024, growth of +11% (125.7 M€ -> 140.1 M€). After deducting consumption (46.7 M€), gross margin stands at 93.4 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 20.4 M€, representing 14.6% of revenue. Positive scissor effect: EBITDA margin improves by +11.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 18.2 M€, i.e. 13.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 13.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 147.60. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 158 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 61 days. The gap of 97 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 70 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 126 days of revenue, i.e. 48.9 M€ to permanently finance. Notable WCR improvement over the period (-59%), freeing up cash.

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 12 227 417€ to 65 460 462€ is provided for information purposes only and requires in-depth analysis to be confirmed.