Turnover: 3.75 billion EUR (2020)
Country: Germany
HelloFresh is a German company founded in Berlin in 2011. Today, it supplies meal kits worldwide; it is the largest supplier of meal kits in the United States. Indeed, it has been aggressive in acquiring companies in North America; in 2018, the company bought Green Chef (USA) and Chef's Plate (Canada).
HelloFresh's business model involves preparing the ingredients required for a meal, then delivering them to customers, who must then cook the meal using pre-set recipes. Cooking a meal takes around 30 to 40 minutes.
In November 2017, the company went public at a price of 10.25 euros per share, raising 320 million euros.
News
HelloFresh opens its first French distribution center in Essonne | HelloFresh opens a center in Essonne 08/11/2023
- HelloFresh is a German company that has strengthened its presence in France by opening its first assembly and order-picking site
- The company has been present in France for three years
- It has a customer base of 7.1 million and has forecast sales of 7.6 billion by 2022
- In France, Ile-de-France accounts for a third of its orders
- It has opened a 23,000-square-meter warehouse in Essonne 600 jobs for home meal delivery in France
march 26, 2020 - HelloFresh, an exponential growth beneficiary of the health crisis - source(Les Echos)
- Box for cooking 3 to 5 meals a week, for 2 to 6 people
- Recipe options for children or vegetarians
march 2, 2021 - Mixed growth for HelloFresh - source(zonebourse)
- 280 million meals delivered in 2019
- 4 different formulas available in France, from 3 to 5 meals a week for 2 to 6 people
- +17 recipes per week
- Sales of 3.75 billion euros in 2020
- EBITDA margin of 13.5% in 2020
- However, a decline in EBITDA margin to between 9% and 12% expected in 2021
- Net income of +351 million eurosin 2020
- Before the health crisis, the share price was €17
- In March 2021, the share price is €27.45.
Financial Data
DUNS: 881683221
Legal Name: HELLOFRESH FRANCE SAS
Address: 14 RUE BEFFROY , 92200 NEUILLY-SUR-SEINE
Number of employees: Entre 10 et 19 salariés (2020)
Capital: 10 000 EUR
Financial Data:
| Year | 2020 |
|---|---|
| Turnover | - |
| Gross margin (€) | - |
| EBITDA (€) | - |
| Operating profit (€) | - |
| Net profit (€) | -4 972 318 |
| Turnover growth rate (%) | - |
| Ebitda margin rate (%) | - |
| Operating margin rate (%) | - |
| Working Capital (turnover days) | - |
| Working Capital requirements (turnover days) | - |
| Net margin (%) | - |
| Added value / Turnover (%) | - |
| Wages and social charges (€) | - |
| Salaries / Turnover (%) | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Thomas | GRIESEL | 38 | |
| Directeur général | Pauwel, Wiert | WIERTSEMA | 41 |
Studies mentioning this company
The pizza market - Germany
Other companies mentioned:
- Pizza Hut Germany
- Vapiano
- L’Osteria
- Lieferando (takeaway)
- HelloFresh
- Delivery Hero - Foodora
- Dr Oetker
- Südzucker
- Südzucker
The subscription box market - France
Other companies mentioned:
- HelloFresh
- Blissim
- Dollar Shave Club
- Unify Groupe (Au Feminin)
- Le Petit Ballon
- Seazon - FoodChéri
- Glossybox France (The Hut Box)
- My Little Paris (Au Feminin.com)
- Gourmibox
- DandyBox
- My Captain Box
- Made In France Box
- Rutabago
- Trois Fois Vin
- Genadia
- The Magic Box
- La KUBE
- Reworld Media
- Nuoo (Haco)
- Little Cigogne
- QuiToque
- Foodette
- Les Commis
- Cook Angels
- La Boite du Fromager
- La Box Fromage
- Permacool
- My little Box
- Emma et Chloé
- Envouthé
- Touteslesbox.fr
The food box market - France
Other companies mentioned:
- HelloFresh
- Rutabago
- La Brigade de Vero
- Seazon - FoodChéri
- Gourmibox
- Genadia
- QuiToque