Turnover: ()
Country: France
Initially present in the optical market, franchisor Alain Afflelou wanted to take advantage of its distribution network to launch "hearing corners" in over 175 of its stores, offering hearing aids to its customers.
In 2020, the network's sales in France will reach €576 million, and total sales under the Afflelou banner will reach €714 million in 8 countries
The brand offers "Incognito Afflelou" hearing aids, featuring high discretion thanks to advances in miniaturization, and a complete range of both in-the-ear and behind-the-ear hearing aids in four categories: ACCESS, FIRST, MUST and BEST. Afflelou offers a range of brands, including Bernafon, Biotone, Coselgi, Newson, Oticon, Phonal, Starkey, Unitron, Sonic, Signia and ReSound.
Alain Afflelou Acousticien has also expanded its range of hearing aids with the " Tchin Tchin Audio " range, which offers "your second hearing aid for 1 euro more".
Financial Data
DUNS: 304577794
Legal Name: ALAIN AFFLELOU FRANCHISEUR SAS
Address: 1 B PL DE LA DEFENSE TOUR TRINITY, 92400 COURBEVOIE
Number of employees: Entre 100 et 199 salariés (2021)
Capital: 2 561 154 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 155 283 074 | 145 393 392 | 122 643 564 | 137 846 868 | 114 832 819 | 113 294 049 | 114 704 946 | 106 246 956 |
| Gross margin (€) | 124 178 764 | 120 228 621 | 105 230 182 | 114 819 356 | 105 230 624 | 105 165 058 | 103 749 659 | - |
| EBITDA (€) | 66 143 586 | 63 724 944 | 48 248 493 | 61 612 832 | 55 641 987 | 54 969 942 | 49 120 993 | - |
| Operating profit (€) | 59 063 343 | 58 697 970 | 46 848 660 | 57 943 875 | 52 544 889 | 52 478 270 | 47 017 493 | - |
| Net profit (€) | 88 299 398 | 40 266 972 | 32 507 759 | 47 758 022 | 55 076 250 | 43 592 943 | 38 861 858 | 36 726 951 |
| Turnover growth rate (%) | 6,8 | 18,5 | -11 | 20 | 1,4 | -1,2 | 8 | - |
| Ebitda margin rate (%) | 42,6 | 43,8 | 39,3 | 44,7 | 48,5 | 48,5 | 42,8 | - |
| Operating margin rate (%) | 38 | 40,4 | 38,2 | 42 | 45,8 | 46,3 | 41 | - |
| Working Capital (turnover days) | -35,1 | -141,5 | -301,3 | -195,1 | -221,6 | -97 | -208,5 | - |
| Working Capital requirements (turnover days) | 49,6 | 39,2 | 68,7 | 54,9 | 62,1 | 63,1 | 65,4 | - |
| Net margin (%) | 56,9 | 27,7 | 26,5 | 34,6 | 48 | 38,5 | 33,9 | - |
| Added value / Turnover (%) | 51,2 | 52,6 | 49,9 | 51,5 | 56,1 | 56 | 52,3 | - |
| Wages and social charges (€) | 11 951 128 | 12 321 949 | 10 279 815 | 8 995 261 | 8 289 217 | 8 146 178 | 8 044 761 | - |
| Salaries / Turnover (%) | 7,7 | 8,5 | 8,4 | 6,5 | 7,2 | 7,2 | 7 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Autre | Charlie | Benitah | 48 |
Studies mentioning this company
The hearing aid market - France
Other companies mentioned:
- Sonova Groupe
- Prodition (Groupe Demant)
- Starkey
- WS Audiology (Widex Sivantos)
- GN Hearing
- Unitron (Sonova Groupe)
- Audika (Groupe Demant)
- Amplifon
- Alain Afflelou Accousticien
- Audition Mutualiste
- Krys Group
- Demant groupe
The hearing aid market - Spain
Other companies mentioned:
- Amplifon France
- Sonova Groupe
- Prodition (Groupe Demant)
- WS Audiology (Widex Sivantos)
- GN Hearing
- Audika (Groupe Demant)
- Alain Afflelou Accousticien