ID 230866435 · FY 2017–2023 · 7 years
Georgian subsidiary of Heidelberg Materials (formerly HeidelbergCement), a global cement and building materials producer. Operates cement plants in Georgia.
curated 2026-06-03reportal.geheidelbergmaterials.com
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 279,151 | 286,418 | 330,872 | 363,229 | 415,295 | 513,456 | 564,708 | +12.5% |
| Total COGS | -241,781 | -244,991 | -233,528 | -261,684 | -285,720 | -347,814 | -379,064 | +7.8% |
| Gross Profit | 37,370 | 41,427 | 97,344 | 101,545 | 129,575 | 165,642 | 185,644 | +30.6% |
| Gross Margin | 13.4% | 14.5% | 29.4% | 28.0% | 31.2% | 32.3% | 32.9% | |
| Total Operating Expenses | -27,547 | -35,185 | -44,861 | -44,576 | -42,625 | -54,666 | -64,113 | +15.1% |
| EBITDA | 9,823 | 6,242 | 52,483 | 56,969 | 86,950 | 110,976 | 121,531 | +52.1% |
| EBITDA Margin | 3.5% | 2.2% | 15.9% | 15.7% | 20.9% | 21.6% | 21.5% | |
| Total D&A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| EBIT / Operating Income | 9,823 | 6,242 | 52,483 | 56,969 | 86,950 | 110,976 | 121,531 | +52.1% |
| Total Interest Income | 468 | 160 | 358 | 629 | 874 | 1,899 | 2,418 | +31.5% |
| Total Interest Expense | -10,235 | -6,978 | -9,984 | -16,592 | -14,410 | -8,416 | -9,850 | -0.6% |
| Total Other Income | 0 | -1,910 | -11,485 | -46,745 | 24,727 | 24,965 | -3,258 | +11.3% |
| Total Other Expense | 0 | 0 | 0 | 0 | 0 | 0 | -14,646 | |
| Profit Before Tax | 56 | -2,486 | 31,372 | -5,739 | 98,141 | 129,424 | 96,195 | nmf |
| Total Income Tax | 0 | 0 | -69 | -63 | 0 | 0 | 0 | -8.7% |
| Net Profit / (Loss) | -824 | -2,486 | 25,695 | -10,750 | 93,303 | 129,424 | 96,195 | nmf |
| Net Margin | -0.3% | -0.9% | 7.8% | -3.0% | 22.5% | 25.2% | 17.0% |
Ownership & directors from companyinfo.ge (public corporate registry).