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    Producer manufacturing

  3. •

    Industrial machinery
Frigoglass S.A.I.C.

Frigoglass S.A.I.C.

AATHEX:FRIGO
0.33
EUR
+0.00
(-0.61%)
0.17EPS
3.41P/E
34.38MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
125.83
115.52
107.65
90.68
18.45
4.7
5.43
3.75
- -
- -
- -
- -
0.17
4.84
Basic EPS, GAAP
-7.41
-13.4
-14.73
-21.16
0.37
-0.1
0.06
-0.18
-0.06
-0.11
-0.02
- -
-0.01
0.11
Free Cash Flow per Basic Share
3.73
4.61
-9.4
3.44
-2.51
0.05
0.16
0.19
0.05
-0.05
-0.02
- -
0.01
0.02
Dividend per Share
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
18.76
6.68
-11.14
-39.84
-0.94
-1.04
-0.95
-1.45
-1.52
-0.53
0.01
- -
0.08
-1.39
Tangible Book Value per Share
9.33
2.14
-15.53
-43.19
-1.06
-1.16
-1.09
-1.58
-1.65
-0.53
0.01
- -
0.03
-1.51
Basic Weighted Avg Shares
4
4
4
4
21
89
89
89
89
89
81
89
108
89
Sales/Revenue/Turnover
523
487
454
382
386
417
482
333
- -
- -
- -
- -
19
431
Operating Margin (%)
5.61
6.07
3.73
3.31
7.14
8.67
10.54
6.79
- -
- -
- -
- -
-1.42
8.26
Depreciation Expense
34
33
34
30
25
20
23
19
18
1
- -
- -
1
10
Net Income, GAAP
-31
-57
-62
-89
8
-9
6
-16
-6
-10
-1
- -
-1
10
Effective Tax Rate (%)
- -
- -
- -
- -
30.67
105.79
50.51
221.66
- -
- -
7.24
- -
- -
44.41
Profit Margin (%)
-5.89
-11.6
-13.68
-23.34
1.98
-2.09
1.15
-4.79
- -
- -
- -
- -
-3.45
2.33
Working Capital
137
117
-189
-241
104
77
77
78
94
-50
1
- -
4
114
LT Debt
248
245
- -
- -
233
228
227
257
262
- -
- -
- -
7
272
Total Equity
113
67
- -
-129
-42
-43
-27
-82
-86
2
1
- -
10
-69
Return on Invested Capital (%)
- -
- -
- -
- -
19.45
-0.82
9.45
-9.58
- -
- -
-0.83
- -
- -
7.47
Return on Capital (%)
- -
- -
- -
- -
4.97
-7.02
2.48
-19.35
- -
- -
-4.19
- -
- -
10.22
Return on Common Equity (%)
-32.61
-105.33
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'21
Mar'22
Jun'22
ST Debt
68
62
77
LT Borrowings
258
268
268
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
89
89
89
Market Capitalization
63
38
34

Working Capital

EUR

•

in mil. unless spec.
Dec'21
Mar'22
Jun'22
Total Current Assets
295
323
346
Cash, Cash Equivalents & STI
79
59
67
Accounts Receivable, Net
66
101
108
Inventories
104
119
114
Total Current Liabilities
201
219
232
Payables & Accruals
- -
- -
- -
ST Debt
68
62
77
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
19

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.02
2024
- -
- -
- -
2025
- -
- -
-0.01

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Vasileios Soulis
Full Time Employees
222
Sector
Producer manufacturing
Industry
Industrial machinery
Address
15, A. Metaxa Street Athens GI Greece 145 64
IPO Date
Dec 2, 1999
Website
frigoglass-saic.com
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Business
Frigoglass S.A.I.C. Frigoglass S.A.I.C. is a Greece-based international group engaged in the manufacture, trade, and distribution of commercial refrigeration units, cooling systems, and glass packaging solutions for the beverage, food, and consumer goods industries. Founded in 1993 and headquartered in Athens, the company produces a comprehensive range of ice cold merchandisers including corner fridges, drawer fridges, wine cabinets, and cold rooms; customizable beverage coolers with advanced energy-efficient technologies such as the B energy class Max range; consumer appliances through its Norcool brand featuring minimalist Scandinavian-style cooling and wine storage solutions; and glass containers via Beta Glass ranging from 30ml to 1.5 liters in White Flint, Amber, and Emerald Green colors, alongside metal crowns and plastic crates. It also provides asset performance services through Frigoserve encompassing technical services, logistics, spare parts management, customer care, installations, refurbishments, repairs, and maintenance to optimize operational efficiency and reduce total cost of ownership. Frigoglass S.A.I.C. operates five best-in-class cooler production facilities in Europe, India, Indonesia, and South Africa, three glass production plants primarily in Nigeria, and serves high-growth markets in Africa, mature European markets including Bulgaria, Greece, Ireland, Poland, Romania, Russia, and Spain, as well as India, Indonesia, and Kenya, targeting top beverage brands and diverse sectors like soft drinks, beer, spirits, cosmetics, and pharmaceuticals. Recent strategic developments include the completion of a recapitalization and restructuring transaction in April 2023 through which Frigoglass S.A.I.C. acquired a 15% equity stake in Frigo DebtCo plc, the parent of the operational Frigoglass group; leadership changes announced in 2023; the inauguration of a new beverage coolers manufacturing plant in Romania in September 2023; and a legally binding agreement signed in September 2024 to acquire Provisiona Iberia S.L. in Spain and Serlusa Refrigerantes LDA in Portugal—operating under the Interbeverage Services brand in commercial refrigeration trading and maintenance—for €10.2 million via share issuance, expected to complete by June 2025 to expand its Iberian footprint and service capabilities.