Turnover: 3.875 million EUR (2017)
Country: France
George Cannon is a French tea house founded in Marseilles in 1898. Initially, it produced a limited selection of around ten products for a luxury clientele. Today, George Cannon offers a repertoire of over 250 products from China, India, Sri Lanka, Formosa and Japan.
The company markets over 250 tonnes of tea, and specializes in top-of-the-range organic tea. source(Official website)
may 9, 2016 - Some key figures for the brand - source(envouthé)
- 250 tonnes of tea per year
- 2% global market share
- 20% market share in France for loose tea
- 23 employees at the Trappes site (2500m2 of warehouses)
Undated - Tea margins - source(lejournalduweb)
- Tea margins between 50 and 60% according to Olivier Scala
- 35% of George Cannon's sales are exported
George Cannon is a family business. The current directors are part of the 6th generation.(source)
Financial Data
DUNS: 572106102
Legal Name: ETABLISSEMENTS GEORGE CANNON
Address: 25 AVENUE GEORGES POLITZER ZA TRAPPES ELANCOURT, 78190 TRAPPES
Number of employees: Entre 20 et 49 salariés (2021)
Capital: 252 525 EUR
Financial Data:
| Year | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| Turnover | - | - | - | 3 875 174 | 3 961 198 | - |
| Gross margin (€) | - | - | - | 2 496 544 | - | - |
| EBITDA (€) | - | - | - | 237 632 | - | - |
| Operating profit (€) | - | - | - | 192 934 | - | - |
| Net profit (€) | -277 843 | 192 480 | -84 682 | 175 167 | 191 804 | 247 360 |
| Turnover growth rate (%) | - | - | - | -2,2 | - | - |
| Ebitda margin rate (%) | - | - | - | 6,1 | - | - |
| Operating margin rate (%) | - | - | - | 5 | - | - |
| Working Capital (turnover days) | - | - | - | 165,2 | - | - |
| Working Capital requirements (turnover days) | - | - | - | 175,4 | - | - |
| Net margin (%) | - | - | - | 4,5 | - | - |
| Added value / Turnover (%) | - | - | - | 41,4 | - | - |
| Wages and social charges (€) | - | - | - | 1 340 761 | - | - |
| Salaries / Turnover (%) | - | - | - | 34,6 | - | - |
Studies mentioning this company
The tea market - France
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