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FRoSTA AG
Previous close
€59.50
Day range
€59.50 - €61.00
Year range
€56.00 - €71.00
Market cap
407.53M EUR
Avg Volume
158.00
P/E ratio
12.19
Dividend yield
3.28%
Primary exchange
FRA
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 157.97M | -0.27% |
Operating expense | 64.04M | 14.25% |
Net income | 7.75M | 0.04% |
Net profit margin | 4.91 | 0.41% |
Earnings per share | — | — |
EBITDA | 15.06M | 9.32% |
Effective tax rate | 30.09% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 72.84M | 290.53% |
Total assets | 394.17M | 9.81% |
Total liabilities | 161.26M | 9.55% |
Total equity | 232.91M | — |
Shares outstanding | — | — |
Price to book | — | — |
Return on assets | 6.25% | — |
Return on capital | 9.78% | — |
Cash Flow
Net change in cash
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 7.75M | 0.04% |
Cash from operations | 12.90M | -56.51% |
Cash from investing | -2.01M | 59.55% |
Cash from financing | -8.03M | 49.65% |
Net change in cash | 2.88M | -67.20% |
Free cash flow | 9.19M | 70.74% |
About
Frosta AG is a frozen food company headquartered in Bremerhaven, Bremen, Germany. The corporation owns production facilities in Germany and Poland, with sales and distribution subsidiaries in the Czech Republic, Germany, Hungary, Italy, Poland and Romania. It had 1709 employees and revenues of Euro 501 million in 2017. FRoSTA is the market leader for frozen food in Germany and one of the largest in Europe.
FRoSTA specializes in frozen fish, vegetables, fruits, herbs and ready-to-eat meals in three segments: brand business, private label and foodservice. Its brands include FRoSTA, Elbtal, La Valle Degli Orti, Mare Fresco, Surgela, and tiko. The private label business operates under the FRoSTA and COPACK names, with sales channels to European food retailers such as Aldi, Lidl, and Norma. The foodservice segment focuses on hospitals, catering and industrial customers.
The history of Frosta AG began in 1905 with the founding of Nordstern, a German deep sea fishing company. During the 1970s and 80's frozen food entrepreneur Dirk Ahlers bought several frozen food firms, including Nordstern, and organized them under the holding company "Nordstern Foods." Wikipedia
Founded
1905
Website
Employees
1,665