LAMINES MARCHANDS EUROPEENS - LME : revenue, balance sheet and financial ratios

LAMINES MARCHANDS EUROPEENS - LME is a French company founded 70 years ago, specialized in the sector Sidérurgie. Based in TRITH-SAINT-LEGER (59125), this company of category ETI shows in 2023 a revenue of 361.4 M€. 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

Financial history - LAMINES MARCHANDS EUROPEENS - LME (SIREN 568801013)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 361 390 491 € 460 113 433 € 382 589 868 € 215 038 338 € 271 403 636 € 309 840 523 € 264 265 431 € 236 208 280 €
Net income 13 694 392 € 69 253 073 € 30 985 621 € -10 170 282 € 3 755 896 € 5 800 635 € 5 715 134 € 3 939 312 €
EBITDA 26 321 820 € 101 755 480 € 50 111 649 € 1 321 861 € 15 844 714 € 21 983 859 € 16 001 424 € 461 097 077 €
Net margin 3.8% 15.1% 8.1% -4.7% 1.4% 1.9% 2.2% 1.7%

Revenue and income statement

In 2023, LAMINES MARCHANDS EUROPEENS - LME achieves revenue of 361.4 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.3%. Significant drop of -21% vs 2022. After deducting consumption (229.2 M€), gross margin stands at 132.2 M€, i.e. a rate of 37%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 26.3 M€, representing 7.3% of revenue. Warning negative scissor effect: despite revenue change (-21%), EBITDA varies by -74%, reducing margin by 14.8 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 13.7 M€, i.e. 3.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

361 390 491 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

132 160 261 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

26 321 820 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

19 387 545 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

13 694 392 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

7.3%

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Assets

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Liabilities

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Solvency and debt ratios

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 58%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.108%

Financial autonomy (2023) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

58.029%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

2.466%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.02

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

30.1%

Solvency indicators evolution
LAMINES MARCHANDS EUROPEENS - LME

Sector positioning

Debt ratio
0.11 2023
2021
2022
2023
Q1: 0.0
Med: 13.45
Q3: 70.41
Good -27 pts over 3 years

In 2023, the debt ratio of LAMINES MARCHANDS EUROPEE... (0.11) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
58.03% 2023
2021
2022
2023
Q1: 8.6%
Med: 31.81%
Q3: 54.8%
Excellent +8 pts over 3 years

In 2023, the financial autonomy of LAMINES MARCHANDS EUROPEE... (58.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.02 years 2023
2021
2022
2023
Q1: -4.09 years
Med: 0.0 years
Q3: 0.6 years
Average -13 pts over 3 years

In 2023, the repayment capacity of LAMINES MARCHANDS EUROPEE... (0.02) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 155.84. 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 19.6x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

155.835

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

19.583

Liquidity indicators evolution
LAMINES MARCHANDS EUROPEENS - LME

Sector positioning

Liquidity ratio
155.84 2023
2021
2022
2023
Q1: 113.52
Med: 156.79
Q3: 270.8
Average +6 pts over 3 years

In 2023, the liquidity ratio of LAMINES MARCHANDS EUROPEE... (155.84) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
19.58x 2023
2021
2022
2023
Q1: -32.45x
Med: 0.0x
Q3: 5.33x
Excellent +20 pts over 3 years

In 2023, the interest coverage of LAMINES MARCHANDS EUROPEE... (19.6x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 109 days. Excellent situation: suppliers finance 103 days of the operating cycle (retail model). Inventory turnover is 82 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 102 days of revenue, i.e. 102.8 M€ to permanently finance. Over 2016-2023, WCR increased by +43%, requiring additional financing.

Operating WCR (2023) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

102 801 139 €

Customer credit (2023) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

6 j

Supplier credit (2023) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

109 j

Inventory turnover (2023) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

82 j

WCR in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

102 j

WCR and payment terms evolution
LAMINES MARCHANDS EUROPEENS - LME

Positioning of LAMINES MARCHANDS EUROPEENS - LME in its sector

Comparison with sector Sidérurgie

Similar companies (Sidérurgie)

Compare LAMINES MARCHANDS EUROPEENS - LME with other companies in the same sector:

Voir toutes les statistiques du secteur Sidérurgie

Frequently asked questions about LAMINES MARCHANDS EUROPEENS - LME

What is the revenue of LAMINES MARCHANDS EUROPEENS - LME ?

The revenue of LAMINES MARCHANDS EUROPEENS - LME in 2023 is 361.4 M€.

Is LAMINES MARCHANDS EUROPEENS - LME profitable?

Yes, LAMINES MARCHANDS EUROPEENS - LME generated a net profit of 13.7 M€ in 2023.

Where is the headquarters of LAMINES MARCHANDS EUROPEENS - LME ?

The headquarters of LAMINES MARCHANDS EUROPEENS - LME is located in TRITH-SAINT-LEGER (59125), in the department Nord.

Where to find the tax return of LAMINES MARCHANDS EUROPEENS - LME ?

The tax return of LAMINES MARCHANDS EUROPEENS - LME 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).

In which sector does LAMINES MARCHANDS EUROPEENS - LME operate?

LAMINES MARCHANDS EUROPEENS - LME operates in the sector Sidérurgie (NAF code 24.10Z). See the 'Sector positioning' section above to compare the company with its competitors.