Krys Group: The latest figures, news and market research on Krys Group

Turnover: 1.4 billion EUR (2023)

Country: France

Krys Group is a group of French optical chains with 1,450 outlets.

In addition to Krys, the Group has three other banners: Vision Plus, launched in 1982, Lynx Optique, acquired in 2003, and Krys Audition.

Krys is the Group's flagship brand, with 950 stores in France and sales of around €1 billion.
Krys Audition sells solutions for hearing problems (180 hearing centers, sales of around €40 million)
Vision Plus and Collectif des lunettiers (400 stores)
Lynx optique

Number of stores, 1533, including 1481 in France

Optics sales: 1.2 billion; Hearing sales: 39.7 million

Market share in France is 16.5%

Krys Group puts the finishing touches to the modernization of its Bazainville plant 08/03/2024

Krys group: innovations for the ecological transition 06/02/2024

Codir, a subsidiary of Krys Group, grouping together its industrial and logistics activities, will produce 1.4 million lenses by 2021
The subsidiary employs 330 people
Krys Group generates sales of 1.2 billion euros, and has 1,533 stores in France, as well as around 50 in Belgium, Poland and Morocco.
With its two other banners, Le Collectif des lunetiers and Lynx Optique, the Group has a 16.5% market share in France.
Its ambition is to open a further 400 outlets by 2028.
Over the past ten years, it has expanded into the hearing sector, with 277 centers.

Optician Krys Group expands its French plant and frees itself from Asia 27/06/2023

1,533 Krys stores worldwide
The cooperative moves into the production of advanced lenses such as progressive lenses
Basic lenses sourced in Europe (Hungary, Czech Republic)
Frames: 50% from Europe, 50% from Asia
Bazainville plant created in 1998
400,000 high value-added lenses relocated to France
Investment: 16 million euros
Production forecast: 1.4 to 1.8 million lenses per year
Lens edging capacity: up to 3.5 million lenses
Krys produces 25% to 30% of the lenses sold by its opticians Krys Group is the French market leader

In the optics marketKrys Group goes from strength to strength 22/03/2023

Combined sales of Krys Group's optical and hearing care businesses: €1.265 billion
- Krys Group optical market share: 16.5
- Number of Krys Group stores by the end of 2022: 1,533
- Number of Krys Group employees: 6,000
- Krys Group investment plan: 23 million euros
- Number of lenses produced at the Bazainville industrial site by 2023: 1.8 million
- Number of lenses diverted from the Bazainville industrial site by 2023: 3.5 million

Krys modernizes its image and changes its logo 06/02/2023

DUNS: 325061844

Legal Name: KRYS GROUP SERVICES EXPANSION

Address: 65 RUE DES 3 FONTANOT , 92000 NANTERRE

Number of employees: Entre 3 et 5 salariés (2020)

Capital: 5 742 221 EUR

Financial Data:

Year	2021	2020	2019	2018	2017	2016	2015
Turnover	2 718 000	4 337 000	3 506 000	3 067 283	2 382 000	1 591 000	1 119 197
Gross margin (€)	758 000	844 000	868 000	820 506	690	575 000	-
EBITDA (€)	-149 000	-383 000	-157 000	-75 484	-50	-60 000	-
Operating profit (€)	-197 000	-408 000	-230 000	-98 593	-125	-91 000	-
Net profit (€)	-171 000	-345 000	-119 000	-50 625	-84 000	-9 000	178 119
Turnover growth rate (%)	-37,3	23,7	14,3	28,8	49,7	42,2	-
Ebitda margin rate (%)	-5,5	-8,8	-4,5	-2,5	-2,1	-3,8	-
Operating margin rate (%)	-7,2	-9,4	-6,6	-3,2	-5,2	-5,7	-
Working Capital (turnover days)	-639,2	-48,9	-30,1	138,2	-4,5	339,6	-
Working Capital requirements (turnover days)	-71,2	-31,6	-45,1	-35	-35,9	-52,5	-
Net margin (%)	-6,3	-8	-3,4	-1,7	-3,5	-0,6	-
Added value / Turnover (%)	2,8	-4,7	1,3	4,3	5,9	9,8	-
Wages and social charges (€)	213 000	174 000	196 000	192 729	188	190 000	-
Salaries / Turnover (%)	7,8	4	5,6	6,3	7,9	11,9	-