TETRA PAK CLOSURES FRANCE : revenue, balance sheet and financial ratios

TETRA PAK CLOSURES FRANCE is a French company founded 41 years ago, specialized in the sector Fabrication d'emballages en matières plastiques. Based in CHATEAUBRIANT (44110), this company of category GE shows in 2024 a revenue of 97.4 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 - TETRA PAK CLOSURES FRANCE (SIREN 552144123)
Indicator 2024 2023 2022 2020 2019 2018 2017 2016
Revenue 97 413 048 € 88 109 148 € 136 761 472 € 42 736 373 € 45 352 453 € 43 432 609 € 42 240 108 € 36 809 027 €
Net income 5 314 408 € 5 598 397 € 9 965 894 € 1 927 378 € 2 817 254 € 3 100 878 € 2 099 843 € 3 043 559 €
EBITDA 13 268 163 € 11 921 536 € 18 547 192 € 4 037 187 € 5 485 791 € 7 813 113 € 9 196 388 € 9 361 356 €
Net margin 5.5% 6.4% 7.3% 4.5% 6.2% 7.1% 5.0% 8.3%

Revenue and income statement

In 2024, TETRA PAK CLOSURES FRANCE achieves revenue of 97.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.9%. Vs 2023, growth of +11% (88.1 M€ -> 97.4 M€). After deducting consumption (40.0 M€), gross margin stands at 57.4 M€, i.e. a rate of 59%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 13.3 M€, representing 13.6% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5.3 M€, i.e. 5.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

97 413 048 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

57 419 303 €

EBITDA (2024) ?
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

13 268 163 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

8 112 030 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

5 314 408 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

13.6%

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Chart evolution

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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 101%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 10.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

101.351%

Financial autonomy (2024) ?
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

37.038%

Cash flow / Revenue (2024) ?
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

10.776%

Repayment capacity (2024) ?
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

1.72

Asset age ratio (2024) ?
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

47.8%

Solvency indicators evolution
TETRA PAK CLOSURES FRANCE

Sector positioning

Debt ratio
101.35 2024
2022
2023
2024
Q1: 0.81
Med: 21.34
Q3: 62.69
Watch

In 2024, the debt ratio of TETRA PAK CLOSURES FRANCE (101.35) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
37.04% 2024
2022
2023
2024
Q1: 34.69%
Med: 51.42%
Q3: 66.21%
Average

In 2024, the financial autonomy of TETRA PAK CLOSURES FRANCE (37.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
1.72 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.67 years
Q3: 2.23 years
Average

In 2024, the repayment capacity of TETRA PAK CLOSURES FRANCE (1.72) 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 181.56. 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 6.8x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

181.564

Interest coverage (2024) ?
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

6.822

Liquidity indicators evolution
TETRA PAK CLOSURES FRANCE

Sector positioning

Liquidity ratio
181.56 2024
2022
2023
2024
Q1: 149.84
Med: 223.59
Q3: 339.99
Average +10 pts over 3 years

In 2024, the liquidity ratio of TETRA PAK CLOSURES FRANCE (181.56) 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
6.82x 2024
2022
2023
2024
Q1: 0.29x
Med: 3.95x
Q3: 10.02x
Good

In 2024, the interest coverage of TETRA PAK CLOSURES FRANCE (6.8x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 19 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 40 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 51 days of revenue, i.e. 13.7 M€ to permanently finance. Over 2016-2024, WCR increased by +174%, requiring additional financing.

Operating WCR (2024) ?
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

13 708 938 €

Customer credit (2024) ?
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

9 j

Supplier credit (2024) ?
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

19 j

Inventory turnover (2024) ?
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

40 j

WCR in days of revenue (2024) ?
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

51 j

WCR and payment terms evolution
TETRA PAK CLOSURES FRANCE

Positioning of TETRA PAK CLOSURES FRANCE in its sector

Comparison with sector Fabrication d'emballages en matières plastiques

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of TETRA PAK CLOSURES FRANCE is estimated at 16 165 638 € (range 6 756 262€ - 33 819 232€). With an EBITDA of 13 268 163€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.20x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
76 tx
6756k€ 16165k€ 33819k€
16 165 638 € Range: 6 756 262€ - 33 819 232€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
13 268 163 € × 1.3x
Estimation 16 756 010 €
6 683 715€ - 37 202 080€
Revenue Multiple 30%
97 413 048 € × 0.20x
Estimation 19 818 397 €
9 474 168€ - 26 670 688€
Net Income Multiple 20%
5 314 408 € × 1.7x
Estimation 9 210 572 €
2 860 776€ - 36 084 931€
How is this estimate calculated?

This estimate is based on the analysis of 76 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Fabrication d'emballages en matières plastiques)

Compare TETRA PAK CLOSURES FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'emballages en matières plastiques

Frequently asked questions about TETRA PAK CLOSURES FRANCE

What is the revenue of TETRA PAK CLOSURES FRANCE ?

The revenue of TETRA PAK CLOSURES FRANCE in 2024 is 97.4 M€.

Is TETRA PAK CLOSURES FRANCE profitable?

Yes, TETRA PAK CLOSURES FRANCE generated a net profit of 5.3 M€ in 2024.

Where is the headquarters of TETRA PAK CLOSURES FRANCE ?

The headquarters of TETRA PAK CLOSURES FRANCE is located in CHATEAUBRIANT (44110), in the department Loire-Atlantique.

Where to find the tax return of TETRA PAK CLOSURES FRANCE ?

The tax return of TETRA PAK CLOSURES FRANCE 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 TETRA PAK CLOSURES FRANCE operate?

TETRA PAK CLOSURES FRANCE operates in the sector Fabrication d'emballages en matières plastiques (NAF code 22.22Z). See the 'Sector positioning' section above to compare the company with its competitors.