SIREN : 496680018
KERMENE is a French company founded 60 years ago, specialized in the sector Transformation et conservation de la viande de boucherie. Based in LE MENE (22330), this company of category GE shows in 2024 a revenue of 1.3 Mds€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 294 693 882 € | 1 331 885 658 € | 1 180 774 562 € | 1 066 514 243 € | 1 055 770 571 € | 973 946 535 € | 931 063 740 € | 965 125 930 € | 926 921 275 € |
| Net income | 19 909 670 € | 9 203 406 € | -14 465 914 € | 3 374 440 € | 17 417 926 € | 544 772 € | 6 715 547 € | 3 896 162 € | 4 217 547 € |
| EBITDA | 58 815 732 € | 35 763 239 € | 19 224 989 € | 35 776 341 € | 46 944 163 € | 31 857 559 € | 39 869 046 € | 42 755 898 € | 57 995 273 € |
| Net margin | 1.5% | 0.7% | -1.2% | 0.3% | 1.6% | 0.1% | 0.7% | 0.4% | 0.5% |
In 2024, KERMENE achieves revenue of 1.3 Bn€. Revenue is growing positively over 9 years (CAGR: +4.3%). Slight decline of -3% vs 2023. After deducting consumption (853.6 M€), gross margin stands at 441.1 M€, i.e. a rate of 34%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 58.8 M€, representing 4.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 19.9 M€, i.e. 1.5% of revenue. This profit can be retained or distributed to shareholders.
1 294 693 882 €
441 096 325 €
58 815 732 €
25 255 445 €
19 909 670 €
4.5%
The debt ratio (= Financial debt / Equity x 100) stands at 58%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 40%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
57.909%
40.454%
4.176%
1.994
23.9%
In 2024, the debt ratio of KERMENE (57.91) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of KERMENE (40.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of KERMENE (1.99) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 161.31. 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 4.7x. Financial charges are adequately covered by operations.
161.315
4.737
In 2024, the liquidity ratio of KERMENE (161.31) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of KERMENE (4.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 33 days of revenue, i.e. 119.6 M€ to permanently finance. Over 2016-2024, WCR increased by +39%, requiring additional financing.
119 564 980 €
20 j
28 j
33 j
33 j
Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 49 112 756€ to 319 876 767€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 45 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare KERMENE with other companies in the same sector:
Voir toutes les statistiques du secteur Transformation et conservation de la viande de boucherie
The revenue of KERMENE in 2024 is 1.3 Mds€.
Yes, KERMENE generated a net profit of 19.9 M€ in 2024.
The headquarters of KERMENE is located in LE MENE (22330), in the department Cotes-d'Armor.
The tax return of KERMENE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
KERMENE operates in the sector Transformation et conservation de la viande de boucherie (NAF code 10.11Z). See the 'Sector positioning' section above to compare the company with its competitors.