Company Profile
Tesmec S.p.A. specializes in designing, producing, and selling construction and infrastructure (network and channel) maintenance materials. Net sales break down by product family as follows:
- trenchers (46.7%): excavators on tracks, terracing machines, multi-function shovels, etc.
technical assistance, training, and maintenance);
- winches (32.3%): winches for stringing overhead and underground electric lines, winches for stretching telecom cables, hoisting winches, hydraulic winches, etc.;
- rails (21%).
Net sales break down primarily by source of revenue into sales of products (84.4%) and services (14%; technical assistance, training and maintenance).
At the end of 2024, the group had 8 manufacturing sites located in Italy (6), France and the United States.
Net sales are distributed geographically as follows: Italy (23.1%), Europe (22.9%), Middle East (16.1%), North and Central America (12%), Africa (11.2%) and other (14.7%).
- trenchers (46.7%): excavators on tracks, terracing machines, multi-function shovels, etc.
technical assistance, training, and maintenance);
- winches (32.3%): winches for stringing overhead and underground electric lines, winches for stretching telecom cables, hoisting winches, hydraulic winches, etc.;
- rails (21%).
Net sales break down primarily by source of revenue into sales of products (84.4%) and services (14%; technical assistance, training and maintenance).
At the end of 2024, the group had 8 manufacturing sites located in Italy (6), France and the United States.
Net sales are distributed geographically as follows: Italy (23.1%), Europe (22.9%), Middle East (16.1%), North and Central America (12%), Africa (11.2%) and other (14.7%).
Source: Cofisem - Last Update: 2025-11-17
Key Executives
| Co-CEO | |
| Co-CEO | |
| General Manager | |
| Chief Financial Officer | |
| Head of Investor Relations |
Source: Cofisem - Last Update: 2025-11-17
Key Figures
| Millenium | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net sales | 239,546 | 236,040 | 245,245 | 194,286 | 170,655 |
| Income from ordinary activities | 239,546 | 236,040 | 245,245 | 194,286 | 170,655 |
| Operating income | 20,436 | 13,027 | 14,063 | 5,687 | -863 |
| Cost of financial indebtedness net | 11,634 | 10,246 | 5,690 | 3,942 | 4,660 |
| Equity-accounted companies contribution to income | 4 | -8 | 44 | -25 | 129 |
| Net profit from discontinued activities | -5,053 | -2,397 | |||
| Net income | -4,817 | -2,698 | 7,916 | 1,209 | -6,811 |
| Net income (Group share) | -5,181 | -2,969 | 7,862 | 1,195 | -6,828 |
| Fiscal year end | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2025-11-17
Shareholder information
| TTC S.r.l. | |
| Free float | |
| Palladio Holding S.p.A. | |
| Treasury shares | |
| Members of the board |
Source: Cofisem - Last Update: 2025-11-17
Address
Tesmec S.p.A.
Piazza S. Ambrogio 16
IT-20123 Milano
Italy
Phone number: +39 (0)35 4232911
Fax: +39 (0)35 4533444
https://www.tesmec.com
Source: Cofisem - Last Update: 2025-11-17
Contact
Fjorela Puce
Phone number: +39 035 4232911
ir@tesmec.com
Phone number: +39 035 4232911
ir@tesmec.com
Source: Tesmec S.p.A. - Last Update: 2025-11-17
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