TRESU Q3 2023 Financial Report
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TRESU
Recap of TRESU: Leading flexographic printing OEM to the packaging industry
Business overview / description
TRESU is a global provider of flexo inline printing machines, ancillary,
systems, aftermarket service and high margin consumables
Main supplier to the packaging (food and beverage), specialty (scratch-
off lottery, pouch printing, hygiene) & digital printing industry
Long-standing relationships with blue-chip customers (such as Tetra
Pak, Scientific Games, Westrock, GPI)
Key highlights
DKK 379m
Revenue LTM Q3-23
DKK -12m
IFRS Adj. EBITDA LTM
Q3-23
+40
Years of history
·
Headquartered and assembly in Kolding, Denmark, with sales offices in
Denmark, US, Germany, Italy, China¹, and Japan
+150 / +25,000
Installed base
machines/systems
•
Acquired by Altor in 2017 from Erhvervsinvest
Segments
Capital sales
Machines & Units
6
+180
Employees
Sales offices across US,
Europe, and Asia
Business split (LTM Q3-23 revenue)
OEM
Aftermarket
By segment
By geography
By end-market
Systems
Customer Care
12%
33%
45%
39%
~10%
~20%
49%
~70%
22%
Larger flexo inline
print machines and
Chambers, pumps,
and dryers
Service, spare parts,
and consumables
smaller flexo units
Machines & Units
Systems
Customer Care
EMEA
Food & beverage packaging
Americas
Specialty printing
APAC
Digital
1. TRESU has sales representative in China, but no registered entity Source: Company information
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