Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Groupe Minoteries SA is a Switzerland-based industrial milling group specializing in the processing and commercialization of cereals and plant-based raw materials sourced primarily from Swiss agriculture. Its core business focuses on the production and sale of milled flour, grains, organic flours, mixtures, breakfast cereals, muesli, coatings, seeds, flakes, extruded products, breadcrumbs, and panades. The company operates five domestic production sites and diversifies through subsidiaries like Mino-Flour for flour supply, Bruggmuhle Goldach AG AG Intermill for baker services and marketing, Steiner Muhle AG for cereals and oilseeds processing, and Bonvita AG for breadcrumbs production. Groupe Minoteries SA serves artisan bakers, gastronomy, industrial clients, and retail sectors with customized solutions, including product development in test bakeries, quality assurance, private label support, and collaborative promotions. Founded in 1885 and headquartered in Granges-près-Marnand, it employs around 292 people and plays a key role in Switzerland's food processing industry, particularly flour milling and grain products. Sales are concentrated domestically, reflecting its commitment to local sourcing and B2B partnerships.
Operating margin is thin at 3.80%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 4.7%, steady but not accelerating. Free cash flow declined 182% despite revenue growth, conversion is weakening.
Free cash flow declined 182% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -CHF 2M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
CHF 152M
▲ +4.7% YoY
Net Income (TTM)
CHF 5M
▲ +0.8% YoY
Op. Margin
3.80%
▲ +0.1pp YoY
ROIC
4.15%
▲ +0.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-CHF 2M
▼ -182.4% YoY
Op. Cash Flow (TTM)
CHF 2M
▼ -52.6% YoY
Net Debt
-CHF 7M
Net Cash Position
Cash & Equiv.
CHF 7M
3Y CAGR: +1.6%
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