Intermarché ITM Les Mousquetaires: The latest figures, news and market research on Intermarché ITM Les Mousquetaires

Turnover: 28.8 billion EUR (2023)

Country: France

First founded in 1969 under the name EX-Offices, the Intermarché brand was created in 1972. After a few years of development on the French market, the company began exporting to Spain, Belgium and Portugal in the late 1980s. Today, Intermarché is part of the Les Mousquetaires group.

april 15, 2021 - Intermarché forms alliance with Casino - source(Le Figaro)

Casino has dissolved its partnership with Auchan, Métro, Dia and Schiever
Between them, Intermarché and Casino will account for 23.4% of the market.
Agreements between retailers are renewed every 3 to 5 years

february 3, 2021 - Intermarché observes an unequal playing field with discounters - source(Le Figaro)

90% of agreements with SMEs are already signed one month in advance
70% of agreements with manufacturers are also signed one month in advance
Despite the jurisdiction in force, discounters from other countries can import their products from other European markets

News

Intermarché, Auchan and Casino launch central purchasing group with Aura Retail 25/09/2024

1. Completion of an alliance initially announced in April with a planned ten-year term between Intermarché, Auchan, and Casino (including Monoprix, Franprix), which are respectively France's 3rd, 5th and 7th largest food retailers.
2. Aura Retail will be organized into five separate entities, two of which will be based outside France. Main activities include the management of three central purchasing units for foodstuffs, run by Intermarché, with two locations in Massy.
3. One will operate synergies for nearly 200 national brand manufacturers, and another will aim to improve market access for European food manufacturers.
4. Aura Retail International Food Services, based in Brussels, will negotiate with major multinational industrial groups and offer synergies in several European countries (Portugal, Spain, France, Belgium, Luxembourg, Poland, Romania and Hungary).
5. Purchases of national-brand non-food products will be managed by entities run by Auchan, including Aura Retail Achats Non Alimentaires based in Villeneuve-d'Ascq, and Aura Retail International Non-Food Services located in Luxembourg.
6. France's 4th-largest retailer, Coopérative U, wished to withdraw from the Everest European center, but had no official comment.

Agromousquetaires: how Intermarché plans to sharpen its industrial focus 27/06/2024

- 4.7 billion euros: industrial sales in 2023
- 54 plants.
- 20 logistics sites.
- 11,000 employees.
- 40% of Intermarché and Netto private labels are manufactured by Agromousquetaires plants.
- 15,000 agricultural partners.
- 200 sailors and 15 ships.
- 12 supply chains, including beef, processed products, pork, charcuterie, milk, and more.

Food: Intermarché turns its 56 plants to fresh produce and vegetables 10/06/2024

Agromousquetaires is France's fourth or fifth-largest agrifood group, focusing on beef and pork with its slaughterhouses.
56 plants and sales of 4.7 billion euros, up 7% year-on-year,
The group owns the last French diaper factory.
The industrial division produces 75% for Intermarché's own brands (Monique Ranou charcuterie, Jean Rozé meat, Pâturages dairy products, etc.).
The fishing fleet, the largest in France with 15 boats

How Intermarché intends to achieve a 20% market share 16/05/2024

- Reopening of 35 supermarkets under the Intermarché or Netto banners
- Number of supermarkets and hypermarkets acquired from Casino in the southeast: 65 supermarkets, 10 hypermarkets
- Number of supermarkets and hypermarkets acquired from Casino in Rhône-Alpes: 56 supermarkets, 4 hypermarkets
- Current Intermarché market share in 2023: 16.7
- Intermarché short-term target market share: 18.5
- Intermarché's medium-term target market share: around 20%
- Total number of outlets to be transformed: 294, comprising 257 supermarkets and 37 hypermarkets
- Number of integrated ex-Casino employees: 10,000

Thierry Cotillard (Les Mousquetaires): "We want to become invulnerable" 29/02/2024

- 300 integrated Casino stores and 10,000 employees
- Group sales of €52.9 billion in 2023 (including fuel), up 7.8%
- Group sales of €39.9 billion in 2023 (excluding fuels), up 10%
- Intermarché sales of €28.8 bn (excluding fuels), up 8.8%
- Netto sales of €1.6 billion (excluding fuels), up 15.7%
- Agromousquetaires sales up 7% to €4.7 billion
- Sales of €3.4 bn for the DIY division (Bricomarché, Bricorama, Brico Cash, Tridôme, Bricoprivé.com and Racetools), stable
- Sales of €359m for mobility banners (Roady, Rapid Pare-Brise), up 4.3% (including fuel)

How Intermarché plans to transform 350 Casino stores 09/01/2024

3000 associate members
A total of 350 stores that have or will switch to the Intermarché and Netto banners

Intermarché Express to surpass 1 billion euros in sales with urban convenience stores in 2023 10/12/2023

Intermarché Express sales growth for 2023: +21.5%.
Sales: close to €1 billion by mid-November 2023, likely to exceed €1.1 billion over 12 months.
Number of Intermarché Express stores: 157
Anticipated expansion of the supermarket market in urban areas: from one-third to 50% by 2040.
Planned openings for 2024: 25 additional stores.
target for 2030: double the number of stores.
Market share of convenience channel over the last five years: +0.5 point.
Decline in hypermarket market share : -2.6 points.
Supermarket market share down : -0.8 points.

Intermarché opens up to franchising 10/12/2023

Groupement Les Mousquetaires aims to generate 5% of its sales from franchises.
It already has 248 Rapid Pare-Brise and 13 Bricorama franchises.
Les Mousquetaires has 3,165 outlets in France.
They generated sales of 42.9 billion euros in 2022.

Intermarché buys fifteen years of growth with Casino stores 03/10/2023

Takeover of 62 Casino stores with sales of 563 million euros
49% stake in 72 other supermarkets representing 510 million in sales.
Commitment to purchase 62 additional units with sales of 430 million euros.
After these acquisitions, Intermarché's market share will reach 18%.
The group would thus close the gap with Carrefour (21.8% including the Cora acquisition) and Leclerc (23.9%), who dominate the French market, and outstrip Système U (11.7%).

Financial Data

DUNS: 341192227

Legal Name: ITM ALIMENTAIRE INTERNATIONAL

Address: 24 RUE AUGUSTE CHABRIERES , 75015 PARIS 15

Number of employees: Entre 500 et 999 salariés (2020)

Capital: 149 184 EUR

Financial Data:

Year	2021	2020	2019	2018	2017	2016	2015
Turnover	16 856 692 433	16 676 966 419	14 927 837 368	14 824 096 000	14 576 227 324	14 903 199 932	15 048 856 641
Gross margin (€)	2 890 729 967	2 721 794 465	2 409 645 109	2 184 260 000	2 092 425 360	2 161 569 700	2 085 390 862
EBITDA (€)	22 838 733	-35 781 480	1 340 834	-44 111 000	25 280 197	46 893 137	16 385 184
Operating profit (€)	-30 040 232	-80 863 381	-16 100 064	-64 097 000	-19 652 940	37 413 126	5 902 800
Net profit (€)	5 440 227	-53 912 176	20 827 879	2 325 000	49 965 778	72 103 736	-8 998 839
Turnover growth rate (%)	1,1	11,7	0,7	1,7	-2,2	-1	-
Ebitda margin rate (%)	0,1	-0,2	-	-0,3	0,2	0,3	0,1
Operating margin rate (%)	-0,2	-0,5	-0,1	-0,4	-0,1	0,3	-
Working Capital (turnover days)	8,8	14,3	13,3	17,5	18,6	7,7	9,4
Working Capital requirements (turnover days)	-10,7	-8,2	-17,6	-13,9	-11,2	-13,6	-6,8
Net margin (%)	-	-0,3	0,1	-	0,3	0,5	-0,1
Added value / Turnover (%)	4	3,6	3,9	3,6	4,1	4,1	3,8
Wages and social charges (€)	77 597 601	70 740 166	62 723 976	57 775 000	55 585 865	51 571 494	51 742 112
Salaries / Turnover (%)	0,5	0,4	0,4	0,4	0,4	0,3	0,3