Turnover: 100 million EUR (2022)

Country: France

Amorino was founded in 2002.

Amorino offers artisanal gelato. The founders, Paolo Benassi and Cristiano Sereni, wanted to offer a quality experience that respected the traditions of Italian gelato, while opening several sales sites.

The company offers gelato, but also hot chocolate and delicatessen, as well as organic and vegan options.

Amorino is based on a franchise system and is stepping up its presence in France, but also in the rest of the world. In 2017, one of the founders explained that in France, a store achieved average sales of around €500,000.

The brand is present in the following countries: united States, Spain, Portugal, Austria, Belgium, Luxembourg, Germany, Italy and the United Kingdom.

Amorino has over 200 stores, including more than 90 in France.

february 09, 2021 - Strong growth in the number of Amorino boutiques - Source(AC-Franchise)
  • Amorino aims to reach 400 points of sale by 2025
  • In 2021, the brand opened 22 new outlets
  • 15% of Amorino stores are subsidiaries
  • The company is growing mainly through franchises

december 11, 2017 - Key figures for an Amorino franchise - Source(Franchise Magazine)

  • Amorino is present in 15 countries
  • Average sales of an Amorino franchise at cruising speed: €500K
  • Opening a franchise: €200K personal contribution and €30K entry fee

News

Ice cream parlours take over the streets of France 07/10/2023

  • Supermarkets dominate 90% of ice cream sales in France.
  • One Frenchman in two consumes ice cream all year round.
  • By 2022, 700,000 new ice-cream buyers have been registered.
  • The French ice cream chain Amorino, founded in 2002, has over 200 stores, including more than 90 in France.
  • Two-thirds of French people (66%) are prepared to pay more for ice creams made in France and using local products, according to a report by the Association des entreprises des glaces with Opinion Way in 2021.
  • Amorino's sales increased by 20% in 2022 compared with 2019 in Paris, and by 21% in the south of France.
  • Each year, Amorino opens 10 to 12 boutiques in France.
  • The number of artisanal and small industrial ice cream shops in France increased by 31% between 2012 and 2020.

The Amorino glacier aims to double in size within three years 02/08/2022

  • Sales in 2022: 100 million euros
  • Central production in Orly laboratory
  • More than thirty flavors per season
  • Founded twenty years ago, the French brand of Italian-style gelato now has 205 stores in over fifteen countries

Financial Data

DUNS: 489 779 009

Legal Name: CPF

Address: 13 CHE DES CHAUDRONNIERS , 94310 ORLY

Number of employees: Entre 20 et 49 salariés (2020)

Capital: 100 000 EUR


Financial Data:

Year 2020 2019 2018 2017 2016 2015
Turnover 120 124 266 485 231 302 288 097 346 351 448 408
Gross margin (€) 3 237 032 5 514 505 5 287 957 3 930 028 3 193 570 2 666 772
EBITDA (€) -155 785 422 011 1 079 187 -123 454 160 481 50 994
Operating profit (€) -339 459 346 739 1 014 386 -171 277 106 648 4 387
Net profit (€) -918 509 261 343 756 228 23 042 25 809 66 501
Turnover growth rate (%) -54,9 15,2 -19,7 -16,8 -22,8 -
Ebitda margin rate (%) -129,7 158,4 466,6 -42,9 46,3 11,4
Operating margin rate (%) -282,6 130,1 438,6 -59,5 30,8 1
Working Capital (turnover days) 1 391,6 1 615,3 2 689,9 361,3 530,5 381,9
Working Capital requirements (turnover days) 2 371,8 2 447,6 3 158,1 127,5 814,3 408,4
Net margin (%) -764,6 98,1 326,9 8 7,5 14,8
Added value / Turnover (%) -1 282,9 -998,6 -876,9 -736,2 -392,3 -264,8
Wages and social charges (€) 1 601 181 2 177 370 1 817 135 1 477 849 1 264 664 950 306
Salaries / Turnover (%) 1 332,9 817,1 785,6 513 365,1 211,9

Company Managers:

Position First Name Last Name Age Linkedin
Président Cristiano SERENI 54
Directeur général Paolo BENASSI 58

Studies mentioning this company

The ice cream and sorbet market - France

Other companies mentioned:

  • General Mills
  • Mars Group
  • Thiriet
  • R&R ICE CREAM (Froneri)
  • La Charlotte
  • J P LALLEMAND
  • Amorino
  • Senoble Retail
  • O sorbet d'amour
  • Crème
  • Unilever Groupe
  • Nestlé Groupe
  • Oasis Sirop (Suntory Beverage & Food France)
  • Andros Groupe
  • Carte d'Or (Unilever)
  • Glace des Alpes
  • Alfagel
  • Ferrero
  • Froneri Group (PETERS ICE CREAM)
  • Yetigel
The glacier market - France

Other companies mentioned:

  • La Compagnie des Desserts
  • Amorino
  • Crème
  • Terre Adélice
  • Scaramouche
  • Berthillon
  • Glace Bachir
  • La Tropicale Glacier
  • General Mills
  • HAAGEN-DAZS - General Mills France
  • Maison Carette
  • Unilever Groupe
  • Glace des Alpes
  • La Fabrique Givrée
  • Pozzetto
  • La Maison du Glacier