Lapeyre: The latest figures, news and market research on Lapeyre

Turnover: 663 million EUR (2023)

Country: France

Lapeyre has been part of Saint-Gobain's Building Distribution division since 1996
the company manufactures doors and windows, furniture and kitchens
In financial difficulty for several years, the company was taken over by the German turnaround fund Mutares in 2020
126 stores in France
3100 employees
Program of 70 franchise store openings

Lapeyre aims to attract professionals 11/04/2024

- Professionals account for over 30% of Lapeyre's customer base.
- The Lapeyre network includes 130 stores, around 50 of which have advisors dedicated to professionals.
- Lapeyre has 18 Comptoirs Pro, offering priority access to factory stock orders for professionals.

Lapeyre relaunches, but postpones its return to breakeven by a year 19/10/2023

Lapeyre's Ebitda loss fell from 50 million euros in 2019 to 30 million in 2020, 20 in 2021 and 10 in 2022.
Lapeyre's sales in 2022 were 672 million euros.
Lapeyre's workforce was reduced by 500 positions.
The share of energy costs in sales tripled to 30 million euros a year.
The market in which Lapeyre operates lost between 2% and 4%.
Lapeyre's sales fell by 3%.
Professionals account for a third of Lapeyre's sales. Lapeyre has 126 stores.

Lapeyre: Industrialists threatened by rising electricity rates 25/08/2023

Lapeyre is a manufacturer and seller of doors, windows and kitchens, operating nine factories in France.
Factories account for two-thirds of the Group's electricity consumption.
Expensive electricity represents a risk for industries producing standard products in the face of international competition. It also acts as a brake on investment, as it reduces the company's margins and investment capacity, and creates uncertainty, hampering medium and long-term planning.

Under German flag, Lapeyre on the road to recovery 09/03/2023

3000 employees
The Saint Gobain group paid 243 million euros to divest Lapeyre
Lapeyre plans to open 70 franchise stores
In 2022, Lapeyre's sales were almost stable compared to 2021, at nearly €700 million.

Lapeyre on the move 05/12/2022

The company, which has been in financial difficulty for several years, is to be sold by Saint Gobain in 2020 to the German turnaround fund Mutares
Saint Gobain had to pay €250 million in compensation

DUNS: 542020862

Legal Name: LAPEYRE

Address: 3 BD DE SEBASTOPOL , 75001 PARIS 1

Number of employees: Au moins 1 salarié (2022)

Capital: 77 496 636 EUR

Financial Data:

Year	2021	2020	2019	2018	2017	2016	2015
Turnover	583 583 238	519 973 588	567 334 241	577 109 313	566 956 992	558 706 376	590 016 743
Gross margin (€)	379 280 014	268 964 232	269 301 764	251 456 735	251 493 415	248 501 613	-
EBITDA (€)	-17 007 463	-18 463 808	-29 474 541	-181 570 316	-16 728 423	-8 444 677	-
Operating profit (€)	-65 130 291	-77 284 179	-88 843 138	-208 252 715	-46 405 605	-42 392 005	-
Net profit (€)	-26 861 507	-73 712 225	-219 146 415	-389 947 767	-67 724 970	-84 310 522	-78 696 360
Turnover growth rate (%)	12,2	-8,3	-1,7	1,8	1,5	-5,3	-
Ebitda margin rate (%)	-2,9	-3,6	-5,2	-31,5	-3	-1,5	-
Operating margin rate (%)	-11,2	-14,9	-15,7	-36,1	-8,2	-7,6	-
Working Capital (turnover days)	14,3	12,5	-31,6	-50,3	-54,2	-113,6	-
Working Capital requirements (turnover days)	-52,4	-56,4	-52,8	-51,1	-42,9	-49	-
Net margin (%)	-4,6	-14,2	-38,6	-67,6	-11,9	-15,1	-
Added value / Turnover (%)	-5,6	-4	-5,5	-4,2	-3,8	-1,8	-
Wages and social charges (€)	165 104	207 358	189 125	163 248	227 533	313 891	-
Salaries / Turnover (%)	-	-	-	-	-	0,1	-