Turnover: ()
Country: France
Double A Paper launched its first product in Thailand in 2000.
In 2013, it acquired the French paper mill Alizay, enabling it to step up its penetration of the European market, begun in 2011, after having started exporting its products to Asia in 2001, then to the Middle East in 2007.
Its graphic paper production is therefore integrated and highly specialized. Thecompany specializes in the production of standardized graphic paper.
In 2021, the French subsidiary will be sold to Belgian VPK Packaging
Financial Data
DUNS: 790462972
Legal Name: VPK PAPER NORMANDIE
Address: DU CLOS PRE ZI, 27460 ALIZAY
Number of employees: Entre 100 et 199 salariés (2021)
Capital: 34 603 288 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| Turnover | 45 963 570 | 90 130 516 | 50 323 900 | 104 424 934 | 112 939 533 | 145 008 029 |
| Gross margin (€) | 8 313 308 | 27 264 954 | 15 630 253 | 20 581 044 | 18 239 324 | 26 187 308 |
| EBITDA (€) | -19 603 191 | -9 658 120 | -14 265 626 | -5 840 255 | -10 439 612 | -9 855 897 |
| Operating profit (€) | -19 997 803 | -12 592 977 | -16 930 403 | -8 222 714 | -12 030 292 | -10 253 855 |
| Net profit (€) | -23 635 267 | -12 235 082 | -17 076 969 | -7 846 640 | -12 072 658 | -10 214 014 |
| Turnover growth rate (%) | -49 | 79,1 | -35,4 | -7,5 | -22,1 | - |
| Ebitda margin rate (%) | -42,6 | -10,7 | -28,3 | -5,6 | -9,2 | -6,8 |
| Operating margin rate (%) | -43,5 | -14 | -33,6 | -7,9 | -10,7 | -7,1 |
| Working Capital (turnover days) | -142,7 | 107,4 | 106,8 | 79 | 94,4 | -82,5 |
| Working Capital requirements (turnover days) | -9,6 | -28,2 | -98,8 | 78,9 | 91,4 | -89,6 |
| Net margin (%) | -51,4 | -13,6 | -33,9 | -7,5 | -10,7 | -7 |
| Added value / Turnover (%) | -25,7 | 1 | -7,8 | 4,9 | 0,4 | 1,2 |
| Wages and social charges (€) | 6 375 348 | 8 755 743 | 8 035 496 | 8 398 706 | 8 524 300 | 8 766 240 |
| Salaries / Turnover (%) | 13,9 | 9,7 | 16 | 8 | 7,5 | 6 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Wim | Naessens | 53 | |
| Administrateur | Poolsak | Sutanthavibul | 65 | |
| Administrateur | Thanisara | Stavornvisit | 64 |
Studies mentioning this company
The pulp market - France
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- Solarz
- Veolia Propreté (Groupe Veolia)
- International Paper
- Ahlstrom-Munksjo
- Norske Skog
- Fibre Excellence (Groupe Paper Excellence)
- RDM Group
- Wepa Greenfield
- Lacroix Emballages Groupe
- Smurfit Kappa
- Alisay (VPK Packaging)
- Sofidel
- Smurfit Kappa Comptoir du Pin
- SAICA
- Saica Pack France
- Stora Enso
- Svenska Cellulosa Aktiebolaget
- Papeterie de Condat (Lecta Group)
- Exacompta Clairefontaine