Elvalhalcor S.A.
ISIN: GRS281003004 | Ticker: ELHA | LEI: 213800EYWS2GY56AWP42
Country: Greece
ElvalHalcor Hellenic Copper and Aluminium industry S.A. (ElvalHalcor), is a global industrial leader with advanced technology, 84 years’ experience and expertise, focused in sustainable operation and growth, offering aluminium and copper processing industrial products and solutions for dynamically growing markets.
ElvalHalcor was formed in December 2017 via the merger of Elval, a leading European aluminium rolling company, and Halcor, the largest copper tubes producer in Europe. ElvalHalcor is listed on the Athens Stock Exchange (ELHA).
ElvalHalcor is a leader in the global aluminium and copper markets. Halcor (the copper & alloys extrusion division of ElvalHalcor), is the largest copper tubes producer in Europe. Elval (the aluminium rolling division of ElvalHalcor), is one of the leading global manufacturers of aluminium rolled products being at the top of the market.
1977
Served areaWorldwide
HeadquartersPyrgos Athinon-Ktirio B΄, Mesogeion Ave. 2-4, 11527 Athina – Greece
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 1,858,321,000.00 | 2,230,742,000.00 | 2,533,828,000.00 |
| Noncurrent Assets | N/A | 1,060,421,000.00 | 1,123,801,000.00 | 1,221,651,000.00 |
| Property Plant And Equipment | N/A | 851,942,000.00 | 967,684,000.00 | 1,031,678,000.00 |
| Investment Property | N/A | 6,267,000.00 | 3,244,000.00 | 20,840,000.00 |
| Investment Accounted For Using Equity Method | N/A | 91,745,000.00 | 29,964,000.00 | 23,057,000.00 |
| Investments In Subsidiaries | N/A | 0.00 | 0.00 | 0.00 |
| Other Noncurrent Receivables | N/A | 2,748,000.00 | 5,048,000.00 | 15,203,000.00 |
| Deferred Tax Assets | N/A | 172,000.00 | 1,679,000.00 | 0.00 |
| Noncurrent Loans And Receivables | N/A | 3,975,000.00 | 0.00 | N/A |
| Noncurrent Derivative Financial Assets | N/A | 64,000.00 | 0.00 | 29,557,000.00 |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | N/A | 4,301,000.00 | 4,231,000.00 | 5,261,000.00 |
| Current Assets | N/A | 797,900,000.00 | 1,106,941,000.00 | 1,312,177,000.00 |
| Inventories | N/A | 503,773,000.00 | 697,605,000.00 | 861,922,000.00 |
| Trade And Other Current Receivables | N/A | 254,606,000.00 | 298,321,000.00 | 316,489,000.00 |
| Current Tax Assets Current | N/A | 206,000.00 | 78,000.00 | N/A |
| Current Loans And Receivables | N/A | 0.00 | 5,746,000.00 | 4,500,000.00 |
| Cash and cash equivalents | 48,688,000.00 | 33,838,000.00 | 91,144,000.00 | 35,195,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | N/A | 0.00 | 77,867,000.00 |
| Current Derivative Financial Assets | N/A | 5,477,000.00 | 14,125,000.00 | 16,205,000.00 |
| Equity And Liabilities | N/A | 1,858,321,000.00 | 2,230,742,000.00 | 2,533,828,000.00 |
| Equity | 767,026,000.00 | 784,535,000.00 | 808,316,000.00 | 978,372,000.00 |
| Issued Capital | N/A | 146,344,000.00 | 146,344,000.00 | 146,344,000.00 |
| Retained Earnings | N/A | 248,017,000.00 | 286,426,000.00 | 429,894,000.00 |
| Share Premium | N/A | 65,030,000.00 | 65,030,000.00 | 65,030,000.00 |
| Other Reserves | N/A | 310,790,000.00 | 291,419,000.00 | 322,838,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 770,182,000.00 | 789,219,000.00 | 964,107,000.00 |
| Noncontrolling Interests | N/A | 14,352,000.00 | 19,098,000.00 | 14,264,000.00 |
| Liabilities | N/A | 1,073,787,000.00 | 1,422,425,000.00 | 1,555,457,000.00 |
| Noncurrent Liabilities | N/A | 549,456,000.00 | 773,835,000.00 | 888,565,000.00 |
| Noncurrent Provisions | N/A | 1,597,000.00 | 1,608,000.00 | 1,590,000.00 |
| Noncurrent Provisions For Employee Benefits | N/A | 11,176,000.00 | 12,585,000.00 | 11,795,000.00 |
| Noncurrent Government Grants | N/A | 15,607,000.00 | 15,233,000.00 | 14,210,000.00 |
| Deferred Tax Liabilities | N/A | 57,421,000.00 | 57,006,000.00 | 61,957,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 270,000.00 | 3,205,000.00 | 1,249,000.00 |
| Other Noncurrent Liabilities | N/A | 200,000.00 | 11,695,000.00 | 14,073,000.00 |
| Longterm Borrowings | N/A | 452,706,000.00 | 662,111,000.00 | 778,250,000.00 |
| Current Liabilities | N/A | 524,331,000.00 | 648,591,000.00 | 666,892,000.00 |
| Current Provisions | N/A | 162,000.00 | 162,000.00 | 162,000.00 |
| Trade And Other Current Payables | N/A | 309,706,000.00 | 412,266,000.00 | 384,495,000.00 |
| Current Contract Liabilities | N/A | 8,826,000.00 | 9,267,000.00 | 8,386,000.00 |
| Current Tax Liabilities Current | N/A | 10,062,000.00 | 18,093,000.00 | 39,025,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | 0.00 | 21,113,000.00 |
| Current Derivative Financial Liabilities | N/A | 1,912,000.00 | 3,108,000.00 | 6,650,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 2,028,588,000.00 | 2,883,042,000.00 | 3,714,015,000.00 |
| Revenue From Dividends | 0.00 | 113,000.00 | 138,000.00 |
| Other Income | 10,785,000.00 | 15,636,000.00 | 34,956,000.00 |
| Other Gains Losses | 0.00 | 22,157,000.00 | N/A |
| Profit Loss From Operating Activities | 59,421,000.00 | 146,909,000.00 | 256,250,000.00 |
| Finance Income | 288,000.00 | 279,000.00 | 535,000.00 |
| Finance Costs | 25,506,000.00 | 31,266,000.00 | 42,210,000.00 |
| Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 | 485,000.00 | 489,000.00 | 1,626,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 4,580,000.00 | 89,000.00 | -2,704,000.00 |
| Profit Loss Before Tax | 38,783,000.00 | 132,417,000.00 | 199,823,000.00 |
| Income Tax Expense Continuing Operations | 9,417,000.00 | 18,502,000.00 | 37,934,000.00 |
| Profit (loss) | 29,366,000.00 | 113,915,000.00 | 161,889,000.00 |
| Profit Loss Attributable To Owners Of Parent | 28,309,000.00 | 111,689,000.00 | 159,286,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 1,057,000.00 | 2,226,000.00 | 2,603,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 29,366,000.00 | 113,915,000.00 | 161,889,000.00 |
| Adjustments For Income Tax Expense | N/A | 9,417,000.00 | 18,502,000.00 | 37,934,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -32,480,000.00 | -193,319,000.00 | -170,420,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 61,988,000.00 | 68,770,000.00 | 70,215,000.00 |
| Adjustments For Provisions | N/A | 485,000.00 | 696,000.00 | 1,626,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | 0.00 | -22,157,000.00 | 0.00 |
| Cash Flows From Used In Operations | N/A | N/A | 52,803,000.00 | 72,214,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 26,483,000.00 | 27,277,000.00 | 37,488,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 86,686,000.00 | 22,294,000.00 | 28,892,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 1,635,000.00 | 2,091,000.00 | 1,349,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 115,572,000.00 | 145,519,000.00 | 153,955,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 182,000.00 | 798,000.00 | 1,986,000.00 |
| Dividends Received Classified As Investing Activities | N/A | 0.00 | 113,000.00 | 138,000.00 |
| Interest Received Classified As Investing Activities | N/A | 288,000.00 | 253,000.00 | 483,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -127,296,000.00 | -169,337,000.00 | -180,514,000.00 |
| Payments From Changes In Ownership Interests In Subsidiaries | N/A | N/A | 0.00 | 4,020,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 127,020,000.00 | 537,131,000.00 | 229,399,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 85,917,000.00 | 320,289,000.00 | 113,049,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 4,086,000.00 | 4,340,000.00 | 5,264,000.00 |
| Proceeds From Government Grants Classified As Financing Activities | N/A | 0.00 | 1,227,000.00 | 656,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 11,257,000.00 | 9,381,000.00 | N/A |
| Cash Flows From Used In Financing Activities | N/A | 25,760,000.00 | 204,349,000.00 | 95,672,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | -14,850,000.00 | 57,306,000.00 | N/A |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 0.00 | 0.00 | N/A |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | N/A | 57,305,000.00 | -55,949,000.00 |
| Cash and cash equivalents | 48,688,000.00 | 33,838,000.00 | 91,144,000.00 | 35,195,000.00 |
Please note that some sums might not add up.
GRS281003004
LEI213800EYWS2GY56AWP42
SectorATHEX Composite
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