Register

Institutional Sign In

Go
Home » Companies » Food & Drink in Czechia » Kostelecke Uzeniny

Kostelecke Uzeniny

Kostelecke's net profit rose 175% yoy to CZK 115 mil in 2023

By Helgi Library - October 26, 2024

Kostelecke Uzeniny made a net profit of CZK 115 mil with revenues of CZK 6,570 mil in 2023, up by 175% and up by 4.34%, ...

Kostelecke's employees fell 4.63% yoy to 1,256 in 2023

By Helgi Library - October 26, 2024

Kostelecke Uzeniny employed 1,256 employees in 2023, down 4.63% compared to the previous year. Historically, between 20...

Kostelecke's Capital Expenditures rose 90.1% yoy to CZK -231 mil in 2023

By Helgi Library - October 26, 2024

Kostelecke Uzeniny invested a total of CZK -231 mil in 2023, down 90.1% compared to the previous year. Historically, bet...

Profit Statement 2021 2022 2023
Sales CZK mil 5,665 6,296 6,570
Gross Profit CZK mil 969 798 1,115
EBITDA CZK mil 252 58.8 396
EBIT CZK mil 93.1 -105 217
Financing Cost CZK mil 24.0 77.0 61.7
Pre-Tax Profit CZK mil 65.7 -186 155
Net Profit CZK mil 48.3 -154 115
Dividends CZK mil 0 0 ...
Balance Sheet 2021 2022 2023
Total Assets CZK mil 2,787 3,028 2,944
Non-Current Assets CZK mil 1,799 1,841 1,789
Current Assets CZK mil 984 1,183 1,150
Working Capital CZK mil 304 282 423
Shareholders' Equity CZK mil 707 1,153 1,268
Liabilities CZK mil 2,080 1,875 1,676
Total Debt CZK mil 8.38 518 671
Net Debt CZK mil -61.1 424 643
Ratios 2021 2022 2023
ROE % 7.08 -16.6 9.51
ROCE % 2.31 -7.30 5.31
Gross Margin % 17.1 12.7 17.0
EBITDA Margin % 4.44 0.934 6.03
EBIT Margin % 1.64 -1.67 3.30
Net Margin % 0.853 -2.45 1.75
Net Debt/EBITDA -0.243 7.22 1.62
Net Debt/Equity % -8.65 36.8 50.7
Cost of Financing % 179 29.3 10.4
Cash Flow 2021 2022 2023
Total Cash From Operations CZK mil -162 -192 -154
Total Cash From Investing CZK mil 190 -191 -152
Total Cash From Financing CZK mil -9.98 97.3 149
Net Change In Cash CZK mil 18.4 23.9 -65.0
Cash Conversion Cycle days 15.3 12.6 19.3
Cash Earnings CZK mil 207 9.68 294
Free Cash Flow CZK mil 28.4 -383 -306

Get all company financials in excel:

Download Sample   $19.99

overview Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
income statement                                                
Sales CZK mil                                   5,456 5,497 5,855 6,253 5,665    
Gross Profit CZK mil                                   866 915 952 1,006 969    
EBIT CZK mil                                   112 176 125 111 93.1    
Net Profit CZK mil                                   79.7 120 67.1 60.5 48.3    
                                                   
ROE %                                   21.5 25.4 11.9 9.63 7.08    
EBIT Margin %                                   2.05 3.20 2.13 1.77 1.64    
Net Margin %                                   1.46 2.17 1.15 0.968 0.853    
Employees                                   1,368 1,298 1,296 1,328 1,323    
balance sheet                                                
Total Assets CZK mil                                   2,202 2,587 2,815 2,794 2,787    
Non-Current Assets CZK mil                                   1,198 1,535 1,772 1,831 1,799    
Current Assets CZK mil                                   1,000 1,049 1,039 957 984    
                                                   
Shareholders' Equity CZK mil                                   411 531 598 659 707    
Liabilities CZK mil                                   1,790 2,056 2,217 2,135 2,080    
Non-Current Liabilities CZK mil                                   62.6 94.3 86.6 103 102    
Current Liabilities CZK mil                                   1,728 1,961 2,131 2,033 1,979    
                                                   
Net Debt/EBITDA                                   0.975 0.496 0.203 -0.126 -0.243    
Net Debt/Equity %                                   49.7 21.3 8.57 -4.97 -8.65    
Cost of Financing % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2.03 6.63 16.4 34.3 179    
cash flow                                                
Total Cash From Operations CZK mil                                   -44.4 377 172 -7.26 -162    
Total Cash From Investing CZK mil                                   -123 -285 -110 91.3 190    
Total Cash From Financing CZK mil                                   249 20.6 -210 -93.1 -9.98    
Net Change In Cash CZK mil                                   81.6 112 -148 -9.10 18.4    
income statement Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
income statement                                                
Sales CZK mil                                   5,456 5,497 5,855 6,253 5,665    
Cost of Goods & Services CZK mil                                   4,590 4,582 4,904 5,247 4,696    
Cost of Material & Energy CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ...         3,899 3,809 4,146 4,311 3,819    
Gross Profit CZK mil                                   866 915 952 1,006 969    
Staff Cost CZK mil                                   634 647 677 707 719    
Other Operating Cost (Income) CZK mil                                   21.8 40.6 22.2 38.0 -1.97    
EBITDA CZK mil                                   210 227 252 260 252    
Depreciation CZK mil                                   98.2 51.5 127 150 159    
EBIT CZK mil                                   112 176 125 111 93.1    
Net Financing Cost CZK mil                                   14.4 23.4 37.3 26.9 27.4    
Financing Cost CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 10.5 20.6 35.4 22.2 24.0    
Financing Income CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0 0.688 0 0 0    
Extraordinary Cost CZK mil                                   0 0 0 0 0    
Pre-Tax Profit CZK mil                                   97.4 152 87.7 83.9 65.7    
Tax CZK mil                                   17.6 33.0 20.6 23.4 17.4    
Minorities CZK mil                                   0 0 0 0 0    
Net Profit CZK mil                                   79.7 120 67.1 60.5 48.3    
Net Profit Avail. to Common CZK mil                                   79.7 120 67.1 60.5 48.3    
Dividends CZK mil                                   0 < 0.001 0 0 0   ...
growth rates                                                
Total Revenue Growth % ...                                 8.74 0.753 6.52 6.78 -9.40    
Staff Cost Growth % ...                                 4.68 2.12 4.58 4.44 1.64    
EBITDA Growth % ...                                 3.75 8.28 11.0 3.24 -3.36    
EBIT Growth % ...                                 15.0 57.4 -28.9 -11.3 -16.0    
Pre-Tax Profit Growth % ...                                 27.3 56.6 -42.5 -4.32 -21.7    
Net Profit Growth % ...                                 4.65 49.9 -43.8 -9.86 -20.2    
ratios                                                
ROE %                                   21.5 25.4 11.9 9.63 7.08    
ROA %                                   3.80 4.99 2.49 2.16 1.73    
ROCE % ...                                 5.49 7.14 3.60 2.98 2.31    
Gross Margin %                                   15.9 16.7 16.3 16.1 17.1    
EBITDA Margin %                                   3.85 4.14 4.31 4.17 4.44    
EBIT Margin %                                   2.05 3.20 2.13 1.77 1.64    
Net Margin %                                   1.46 2.17 1.15 0.968 0.853    
Payout Ratio %                                   0 < 0.001 0 0 0   ...
Cost of Financing % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2.03 6.63 16.4 34.3 179    
Net Debt/EBITDA                                   0.975 0.496 0.203 -0.126 -0.243    
balance sheet Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
balance sheet                                                
Cash & Cash Equivalents CZK mil                                   94.3 207 58.3 49.2 67.6    
Receivables CZK mil                                   653 602 692 640 623    
Inventories CZK mil                                   253 240 289 269 293    
Other ST Assets CZK mil                                   0 0 < -0.001 < -0.001 0    
Current Assets CZK mil                                   1,000 1,049 1,039 957 984    
Property, Plant & Equipment CZK mil                                   1,188 1,525 1,760 1,819 1,790    
LT Investments & Receivables CZK mil                                   1.93 1.93 1.93 1.93 1.93    
Intangible Assets CZK mil                                   8.03 8.08 10.0 9.54 7.50    
Goodwill CZK mil                                   0 0 0 0 0    
Non-Current Assets CZK mil                                   1,198 1,535 1,772 1,831 1,799    
Total Assets CZK mil                                   2,202 2,587 2,815 2,794 2,787    
                                                   
Trade Payables CZK mil                                   496 634 765 666 612    
Short-Term Debt CZK mil                                   301 322 111 18.4 8.38    
Other ST Liabilities CZK mil                                   931 1,006 1,254 1,348 1,358    
Current Liabilities CZK mil                                   1,728 1,961 2,131 2,033 1,979    
Long-Term Debt CZK mil                                   0 0 0 0 0    
Other LT Liabilities CZK mil                                   62.6 94.3 86.6 103 102    
Non-Current Liabilities CZK mil                                   62.6 94.3 86.6 103 102    
Liabilities CZK mil                                   1,790 2,056 2,217 2,135 2,080    
Equity Before Minority Interest CZK mil                                   411 531 598 659 707    
Minority Interest CZK mil                                   0 0 0 0 0    
Equity CZK mil                                   411 531 598 659 707    
growth rates                                                
Total Asset Growth % ...                                 10.3 17.5 8.84 -0.760 -0.241    
Shareholders' Equity Growth % ...                                 24.0 29.0 12.6 10.1 7.34    
Net Debt Growth % ...                                 -71.5 -44.9 -54.6 -164 86.6    
Total Debt Growth % ...                                 -59.0 6.86 -65.3 -83.5 -54.4    
ratios                                                
Total Debt CZK mil                                   301 322 111 18.4 8.38    
Net Debt CZK mil                                   205 113 51.3 -32.8 -61.1    
Working Capital CZK mil                                   410 207 216 242 304    
Capital Employed CZK mil                                   1,608 1,742 1,989 2,072 2,103    
Net Debt/Equity %                                   49.7 21.3 8.57 -4.97 -8.65    
Current Ratio                                   0.579 0.535 0.488 0.471 0.497    
Quick Ratio                                   0.432 0.412 0.352 0.339 0.349    
cash flow Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
cash flow                                                
Net Profit CZK mil                                   79.7 120 67.1 60.5 48.3    
Depreciation CZK mil                                   98.2 51.5 127 150 159    
Non-Cash Items CZK mil ...                                 63.7 3.66 -13.6 -192 -307    
Change in Working Capital CZK mil ...                                 -286 202 -8.71 -25.5 -62.1    
Total Cash From Operations CZK mil                                   -44.4 377 172 -7.26 -162    
                                                   
Capital Expenditures CZK mil                                   -126 -285 -110 91.3 190    
Total Cash From Investing CZK mil                                   -123 -285 -110 91.3 190    
                                                   
Dividends Paid CZK mil ...                                 -0.001 0 < -0.001 0 0    
Issuance Of Shares CZK mil ...                                 0 < 0.001 0 0.001 0    
Issuance Of Debt CZK mil ...                                 -432 20.6 -210 -93.1 -9.98    
Total Cash From Financing CZK mil                                   249 20.6 -210 -93.1 -9.98    
Net Change In Cash CZK mil                                   81.6 112 -148 -9.10 18.4    
ratios                                                
Days Sales Outstanding days                                   43.7 39.9 43.1 37.3 40.2    
Days Sales Of Inventory days                                   20.1 19.1 21.5 18.7 22.7    
Days Payable Outstanding days                                   39.4 50.5 56.9 46.4 47.6    
Cash Conversion Cycle days                                   24.3 8.55 7.72 9.65 15.3    
Cash Earnings CZK mil                                   178 171 194 210 207    
Free Cash Flow CZK mil                                   -167 91.8 61.6 84.0 28.4    
Capital Expenditures (As % of Sales) %                                   2.30 5.19 1.89 -1.46 -3.36    
other ratios Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
                                                 
Employees                                   1,368 1,298 1,296 1,328 1,323    
Cost Per Employee USD per month                                   1,646 1,900 1,931 2,017 2,089    
Cost Per Employee (Local Currency) CZK per month                                   38,620 41,566 43,537 44,375 45,275    
Material & Energy (As % of Sales) % ... ... ... ... ... ... ... ... ... ... ... ... ...         71.5 69.3 70.8 68.9 67.4    
Services (As % of Sales) % ... ... ... ... ... ... ... ... ... ... ... ... ...         10.9 12.2 12.0 11.9 13.2    
Staff Cost (As % of Sales) %                                   11.6 11.8 11.6 11.3 12.7    
Effective Tax Rate %                                   18.1 21.6 23.5 27.9 26.4    
Total Revenue Growth (5-year average) % ... ... ... ... ...                         2.02 -0.043 2.74 4.59 2.46    
Total Revenue Growth (10-year average) % ... ... ... ... ... ... ... ... ... ...               3.84 3.57 4.64 1.66 1.80    

Get all company financials in excel:

Download Sample   $19.99

Kostelecke's Total Cash From Operations rose 20.0% yoy to CZK -154 mil in 2023

By Helgi Library - November 2, 2024

Kostelecke Uzeniny's operating cash flow stood at CZK -154 mil in 2023, up 20% when compared to the previous year. Historically, between 2000 - 2023, the firm’s operating cash flow reached a high of CZK 397 mil in 2003 and a low of CZK -592 mil in ...

Kostelecke's Net Debt/EBITDA fell 77.5% yoy to 1.62 in 2023

By Helgi Library - October 26, 2024

Kostelecke Uzeniny's net debt stood at CZK 643 mil and accounted for 50.7% of equity at the end of 2023. The ratio is up 13.9 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 696% in 2013 and a low o...

Kostelecke's ROCE rose 173% yoy to 5.31% in 2023

By Helgi Library - October 26, 2024

Kostelecke Uzeniny made a net profit of CZK 115 mil in 2023, up 175% compared to the previous year. Historically, between 2000 and 2023, the company's net profit reached a high of CZK 120 mil in 2018 and a low of CZK -327 mil in 2011. The result implies a...

Kostelecke's Cash & Cash Equivalents fell 71.0% yoy to CZK 26.6 mil in 2023

By Helgi Library - October 26, 2024

Kostelecke Uzeniny's total assets reached CZK 2,944 mil at the end of 2023, down 2.78% compared to the previous year. Current assets amounted to CZK 1,150 mil, or 39.1% of total assets while cash stood at CZK 26.6 mil at the end of 2023. ...

Kostelecke's Net Margin rose 171% yoy to 1.75% in 2023

By Helgi Library - October 26, 2024

Kostelecke Uzeniny made a net profit of CZK 115 mil with revenues of CZK 6,570 mil in 2023, up by 175% and up by 4.34%, respectively, compared to the previous year. This translates into a net margin of 1.75%. Historically, between 2000 and 2023, the...

Kostelecke's Cash & Cash Equivalents rose 595% yoy to CZK 94.3 mil in 2017

By Helgi Library - April 2, 2020

Kostelecke Uzeniny's total assets reached CZK 2,944 mil at the end of 2023, down 2.78% compared to the previous year. Current assets amounted to CZK 1,150 mil, or 39.1% of total assets while cash stood at CZK 26.6 mil at the end of 2023. ...

More News

Kostelecké uzeniny, a.s. is the largest processor of meat and meat products in the Czech Republic. The Company produces various types of processed meat in the fresh or smoked forms, sausages, ham, etc. mainly from pork, beef and chicken meat. The Company was established in 1917 in Kostelec (a small town in the south of the Czech Republic) and today it operates mainly on the Czech and Slovak markets. Company's products are sold under two different brands, "Kostelecké uzeniny" and "Maso Planá". Agrofert entered the Company in 2003 and now it fully controls

Finance

Kostelecke Uzeniny has been growing its sales by 3.63% a year on average in the last 5 years. EBITDA has grown on average by 11.8% a year during that time to total of CZK 396 mil in 2023, or 6.03% of sales. That’s compared to 3.98% average margin seen in last five years.

The company netted CZK 115 mil in 2023 implying ROE of 9.51% and ROCE of 5.31%. Again, the average figures were 4.30% and 1.38%, respectively when looking at the previous 5 years.

Kostelecke Uzeniny’s net debt amounted to CZK 643 mil at the end of 2023, or 50.7% of equity. When compared to EBITDA, net debt was 1.62x, down when compared to average of 1.74x seen in the last 5 years.

More Companies in Czech Food & Drink Sector

Helgi Library
Eliášova 38, Prague 6, 160 00, Czech Republic
Copyright © 2024 Helgi Library. All rights reserved.