ID 404482868 · FY 2018–2024 · 7 years
Local subsidiary of Henkel AG, manufacturing and distributing construction chemicals (Ceresit and other adhesives, mortars, sealants) for the Georgian market.
curated 2026-06-03reportal.gehenkel.com
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 15,001 | 15,615 | 17,407 | 20,665 | 22,173 | 20,925 | 25,306 | +9.1% |
| Total COGS | -9,473 | -9,721 | -10,768 | -13,591 | -14,610 | -13,290 | -15,859 | +9.0% |
| Gross Profit | 5,529 | 5,893 | 6,639 | 7,074 | 7,563 | 7,635 | 9,447 | +9.3% |
| Gross Margin | 36.9% | 37.7% | 38.1% | 34.2% | 34.1% | 36.5% | 37.3% | |
| Total Operating Expenses | -4,873 | -4,780 | -5,064 | -5,612 | -4,408 | -4,306 | -5,131 | +0.9% |
| EBITDA | 655 | 1,113 | 1,575 | 1,462 | 3,155 | 3,329 | 4,316 | +36.9% |
| EBITDA Margin | 4.4% | 7.1% | 9.0% | 7.1% | 14.2% | 15.9% | 17.1% | |
| Total D&A | -1 | -23 | -23 | -592 | -547 | -541 | -533 | nmf |
| EBIT / Operating Income | 654 | 1,090 | 1,552 | 870 | 2,608 | 2,788 | 3,783 | +34.0% |
| Total Interest Expense | 0 | -0 | -0 | -0 | 0 | 0 | 0 | -68.8% |
| Total Other Income | 81 | 163 | 334 | 289 | -452 | 529 | 830 | +47.4% |
| Profit Before Tax | 735 | 1,253 | 1,886 | 1,159 | 2,156 | 3,316 | 4,613 | +35.8% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | -1,122 | -486 | -56.7% |
| Net Profit / (Loss) | 736 | 1,276 | 1,894 | 2,420 | 2,028 | 2,087 | 4,036 | +32.8% |
| Net Margin | 4.9% | 8.2% | 10.9% | 11.7% | 9.1% | 10.0% | 15.9% |
Ownership & directors from companyinfo.ge (public corporate registry).