Turnover: 876 million EUR (2023)
Country: France
- Alain Afflelou is a French retail chain specializing in optical services and the sale of Alain Afflelou brand eyewear.
- It is a franchise chain founded in 1972.
- The network is present in 19 countries, with some 1,500 stores, including 720 in France
- It is also present in Spain, Benelux and North Africa
- Diversified into auditioning
Capital breakdown: Lion Capital owns 39%, Caisse des Dépôts du Quebec 29%, Apax 14%, Alain Affelou 14%
News
Afflelou innovates: discount, private labels and teleconsultation 04/12/2023
- Brand stores grew by 5% in the fiscal year to July 31, to 876 million euros, of which 64% in France, 26% in Spain and 10% in other countries such as Switzerland and Belgium.
- In France, performance in the optical sector was 6.4%, outperforming the market, which grew by 4.1%.
- The family increased its shareholding to 30% with the purchase of the Apax Partners fund's stake.
- Optical eyewear accounts for 92% of sales, while hearing aids account for just 8%.
- Of the group's 1,440 outlets, 510 are equipped with a dedicated hearing aid area.
- The company has set up teleconsultation booths in 180 stores, with 10,000 teleconsultations to be carried out by 2023.
- Prescription optical sales account for 82% of business.
- An identified potential of 150 new units in France and 75 in Spain, and an increase of 45 openings in one year.
- Afflelou's own-brand products already account for 60% of the offering.
Afflelou expands ophthalmology teleconsultation system to 30 stores 25/10/2022
- More than 2,000 teleconsultations in 2019
Financial Data
DUNS: 304577794
Legal Name: ALAIN AFFLELOU FRANCHISEUR SAS
Address: 1 bis Esplanade de la Défense Tour Trinity, 92400 COURBEVOIE
Number of employees: Entre 100 et 199 salariés (2020)
Capital: 2 561 154 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 145 393 392 | 122 643 564 | 137 846 868 | 114 832 819 | 113 294 049 | 114 704 946 | 106 246 956 |
| Gross margin (€) | 120 228 621 | 105 230 182 | 114 819 356 | 105 230 624 | 105 165 058 | 103 749 659 | - |
| EBITDA (€) | 63 724 944 | 48 248 493 | 61 612 832 | 55 641 987 | 54 969 942 | 49 120 993 | - |
| Operating profit (€) | 58 697 970 | 46 848 660 | 57 943 875 | 52 544 889 | 52 478 270 | 47 017 493 | - |
| Net profit (€) | 40 266 972 | 32 507 759 | 47 758 022 | 55 076 250 | 43 592 943 | 38 861 858 | 36 726 951 |
| Turnover growth rate (%) | 18,5 | -11 | 20 | 1,4 | -1,2 | 8 | - |
| Ebitda margin rate (%) | 43,8 | 39,3 | 44,7 | 48,5 | 48,5 | 42,8 | - |
| Operating margin rate (%) | 40,4 | 38,2 | 42 | 45,8 | 46,3 | 41 | - |
| Working Capital (turnover days) | -141,5 | -301,3 | -195,1 | -221,6 | -97 | -208,5 | - |
| Working Capital requirements (turnover days) | 39,2 | 68,7 | 54,9 | 62,1 | 63,1 | 65,4 | - |
| Net margin (%) | 27,7 | 26,5 | 34,6 | 48 | 38,5 | 33,9 | - |
| Added value / Turnover (%) | 52,6 | 49,9 | 51,5 | 56,1 | 56 | 52,3 | - |
| Wages and social charges (€) | 12 321 949 | 10 279 815 | 8 995 261 | 8 289 217 | 8 146 178 | 8 044 761 | - |
| Salaries / Turnover (%) | 8,5 | 8,4 | 6,5 | 7,2 | 7,2 | 7 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Personne ayant le pouvoir de diriger, gérer ou engager à titre habituel la société | Charlie | Benitah | 48 |
Studies mentioning this company
The contact lens market - France
Other companies mentioned:
- Bausch & Lomb
- Johnson & Johnson Vision Care
- Cooper Vision
- Laboratoires Alcon - CIBA VISION
- Atol Les Opticiens
- Afflelou
- Krys Group
- Malentille.com
- Direct Optic (Acuitis Groupe)
- Sensee
- Menicon
The optical market - France
Other companies mentioned:
- Polette
- Optique E.Leclerc
- Lunettes pour tous
- Otiko
- Mister Spex
- GrandVision
- Optic 2000
- MB production
- Optical Center
- Coffignon
- Marcolin (LVMH Groupe)
- Essilor Luxottica groupe
- Afflelou
- Krys Group
- Kering Eyewear
- Générale d'optique (GrandVision)
- Direct Optic (Acuitis Groupe)
- Easy Verres
- Easy Lunettes
- MyMonture
- L'Opticien qui bouge
- Optique Lafayette (Laf Santé Groupe)
- Optical Discount
- Lissac (Optic 2000)
- Thélios (LVMH Groupe)
- Fittingbox
- Evioo
- Experoptic
- Jimmy Fairly
The optical market - Spain
Other companies mentioned:
- CECOP
- Générale d'optique (GrandVision)
- Essilor Luxottica groupe
- Afflelou
- Krys Group
- Optical Center
The sunglasses market - Spain
Other companies mentioned:
- CECOP
- Essilor Luxottica groupe
- Afflelou
- Krys Group
- Optical Center
- Ray-Ban (EssilorLuxottica)