Mersen S.A./€MRN

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About Mersen S.A.

Mersen S.A. specializes in electrical power and advanced materials, serving industries such as energy, electronics, and transportation. Its core offerings include electrical protection and control products, such as fuses and surge protection devices, and advanced materials like graphite and carbon composites for high-temperature and corrosive environments. Founded in 1892, Mersen is headquartered in Courbevoie, France, with a presence in over 35 countries, allowing it to serve a diverse global clientele. The company leverages its technical expertise and global manufacturing capabilities to meet complex industrial requirements, positioning itself uniquely in the market for both electrical components and materials science applications.

Ticker

€MRN

Primary listing

PAR

Employees

7,297

Mersen S.A. Metrics

BasicAdvanced
€577M
11.93
€1.99
1.24
€0.90
3.79%

Bulls say / Bears say

Annual sales reached €1.24 billion in 2024, with organic growth of 2.6%, beating consensus forecasts and highlighting strong underlying demand in advanced materials (Reuters)
Operating cash flow before investments surpassed 2023, demonstrating solid free cash flow generation to support growth and reduce debt (Mersen press release)
In February 2025, completed a US private placement of $100 million (10-year) and €90 million (7-year), extending the average debt maturity to 5.5 years and increasing liquidity for strategic investments (Mersen press release)
Operating margin contracted to 10.5% in 2024 from 11.3% in 2023, showing that margins are under pressure due to cost inflation and market challenges (Mersen press release)
Net leverage rose to 1.82x at the end of 2024, up from 1.09x a year earlier, which increases financial risk and interest expenses during this transition (Mersen press release)
The proposed 2024 dividend is €0.90 per share, down from €1.25 in 2023, indicating lower cash returns for shareholders (Mersen press release)
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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