Turnover: 20.47 billion USD (2020)
Country: United States
The American Lear Group is the world's second-largest automotive seating manufacturer. Accumulating heavy debts in 2009, Lear filed for Chapter 11 bankruptcy protection in order to begin restructuring. The closure of its Lagny-le-Sec plant and the transfer of activity to its Cergy (Val-d'Oise) site enabled it to move closer to its customer PSA, who wanted "just-in-time" deliveries.
Financial Data
DUNS: 393110903
Legal Name: LEAR CORPORATION FRANCE
Address: 13 AVENUE MORANE SAULNIER VELIZY ESPACE LE MERMOZ, 78140 VELIZY-VILLACOUBLAY
Number of employees: Entre 50 et 99 salariés (2021)
Capital: 19 862 630 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 24 033 724 | 19 474 580 | 17 308 717 | 18 985 430 | 24 730 373 | 28 787 742 | 38 589 307 | 27 158 766 |
| Gross margin (€) | 20 483 453 | 20 594 873 | 16 593 050 | 18 543 534 | 23 855 442 | 26 476 011 | 29 564 291 | - |
| EBITDA (€) | 75 191 | -302 692 | -114 087 | -2 000 | -3 920 891 | 139 133 | 2 045 307 | - |
| Operating profit (€) | 618 415 | 259 674 | -314 412 | -210 637 | -4 051 132 | -312 284 | 2 077 515 | - |
| Net profit (€) | -32 041 739 | 29 719 917 | -5 586 323 | -1 838 793 | -22 798 630 | -2 040 884 | 1 566 750 | -3 852 084 |
| Turnover growth rate (%) | 23,4 | 12,5 | -8,8 | -23,2 | -14,1 | -25,4 | 42,1 | - |
| Ebitda margin rate (%) | 0,3 | -1,6 | -0,7 | - | -15,9 | 0,5 | 5,3 | - |
| Operating margin rate (%) | 2,6 | 1,3 | -1,8 | -1,1 | -16,4 | -1,1 | 5,4 | - |
| Working Capital (turnover days) | 479 | 402,3 | 70,3 | 266,1 | 253,6 | 90,1 | 585,5 | - |
| Working Capital requirements (turnover days) | 246,2 | 233,6 | 120,5 | 106,1 | 29,9 | 21,1 | 33,1 | - |
| Net margin (%) | -133,3 | 152,6 | -32,3 | -9,7 | -92,2 | -7,1 | 4,1 | - |
| Added value / Turnover (%) | 53,2 | 62,6 | 58,5 | 52,7 | 41,5 | 51 | 48,1 | - |
| Wages and social charges (€) | 12 303 876 | 12 112 605 | 9 813 601 | 9 600 822 | 13 662 814 | 13 911 081 | 15 821 291 | - |
| Salaries / Turnover (%) | 51,2 | 62,2 | 56,7 | 50,6 | 55,2 | 48,3 | 41 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Ian | Hickman | 56 | |
| Directeur général | Alexandre | Brue | 60 |
Studies mentioning this company
The car seat market - France
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- Forvia (ex Faurecia)
- Lear
- Recaro
- Antolin Grupo
- Graco
- Britax Puriculture
- TeamTex
- Newell Brands
- Goodbaby International
- Artsana Groupe (Chicco)
- Diono
- Maxi-Cosi (Dorel Groupe)
- Outlander Joie baby