Societe de Services de Participations, de Direction et d'Elaboration SA
XBRU:SPA

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Societe de Services de Participations, de Direction et d'Elaboration SA Logo
Societe de Services de Participations, de Direction et d'Elaboration SA
XBRU:SPA
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Price: 272 EUR Market Closed
Market Cap: €1.1B

Gross Margin

39.6%
Current
Improving
by 2.8%
vs 3-y average of 36.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
39.6%
=
Gross Profit
€158.3m
/
Revenue
€400m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
39.6%
=
Gross Profit
€158.3m
/
Revenue
€400m

Market Distribution

In line with most companies in Belgium
Percentile
40th
Based on 447 companies
40th percentile
39.6%
Low
-11 450% — 30.1%
Typical Range
30.1% — 73.1%
High
73.1% — 464.2%
Distribution Statistics
Belgium
Min -11 450%
30th Percentile 30.1%
Median 55.2%
70th Percentile 73.1%
Max 464.2%

Societe de Services de Participations, de Direction et d'Elaboration SA
Glance View

Market Cap
1.1B EUR
Industry
Beverages

Spadel SA engages in the production and marketing of mineral water and soft drinks. The company is headquartered in Woluwe-Saint-Lambert, Bruxelles-Capitale and currently employs 1,329 full-time employees. The company sells its products under the brands Spa Marie-Henriette, Spa Reine, Spa Barisart, Spa Citron, Spa Fruit, Bru, Brecon Carreg, DEVIN, Wattwiller and Carola. Societe de Services de Participations de Direction et d'Elaboration SA offers: natural mineral water under the Spa, Bru, Wattwiller, Carola and Brecon Carreg brands; flavored water under the Spa and Carola brands, and lemonade under the Spa brand. The firm controls a numer of subsidiaries, such as Spadel Netherland BV, Spa Monopole SA and Devin EAD.

SPA Intrinsic Value
200.72 EUR
Overvaluation 26%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
39.6%
=
Gross Profit
€158.3m
/
Revenue
€400m
What is Societe de Services de Participations, de Direction et d'Elaboration SA's current Gross Margin?

The current Gross Margin for Societe de Services de Participations, de Direction et d'Elaboration SA is 39.6%, which is above its 3-year median of 36.8%.

How has Gross Margin changed over time?

Over the last 3 years, Societe de Services de Participations, de Direction et d'Elaboration SA’s Gross Margin has increased from 34.7% to 39.6%. During this period, it reached a low of 32.1% on Dec 31, 2022 and a high of 39.6% on Jun 30, 2025.

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