Turnover: 17.141 million EUR (2021)
Country: France
- A major French player in the co-working sector, with around 23 spaces in France as well as in Geneva, Brussels and Antwerp
- Subsidiary of La Poste Immobilier group
- 130 employees
News
Coworking, housing, senior residences La Poste flexes its real estate muscles 17/09/2024
- - First steps into coworking: 2016.
- - Number two in France in terms of number of sites, behind IWG.
- - Merger of subsidiaries: Startway (shareholder since 2016) and Multiburo (acquired in 2022) merge under the Mitwit brand.
- - Number of sites by the end of 2024: Approximately 40 sites, compared with 50 at present, following the closure of unprofitable sites.
- - Distribution of current sites: 17 in Paris, 17 outside Paris, the rest in Belgium and Switzerland.
- - Future expansion: 20 new locations planned by 2026 or 2027, including spaces in Paris, Toulouse and other locations.
- - Target: To reach a hundred sites, probably by 2030.
- - Number of employees: 160.
- - Maximum surface area of coworking sites: 2,000 m².
- - La Poste real estate assets: 9,000 buildings, representing over 6 million square meters.
- - Senior residence projects : Four residences by the end of the year, with four others in rehabilitation and eight projects under study.
- - Housing production: 5,000 housing units by 2028, with a forthcoming delivery in Paris (35 social housing units + 48 home-ownership units).
Shared offices: the coworking market is back on track 16/02/2023
- By 2022, the coworking market in France will have grown by 20%
- 3.500 coworking spaces in France, with a combined surface area of over 1 million square meters
- 91% occupancy rate by 2022 across the country
Financial Data
DUNS: 345250153
Legal Name: MULTIBURO
Address: 27 B AV DES SOURCES LE SHERATAN, 69009 LYON 9EME
Number of employees: Entre 50 et 99 salariés (2020)
Capital: 4 212 080 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 17 141 886 | 19 515 806 | 21 001 616 | 20 972 331 | 20 735 850 | 21 285 855 | 20 394 705 |
| Gross margin (€) | 17 266 410 | 19 671 389 | 21 134 201 | 21 118 101 | 21 431 608 | 21 366 876 | - |
| EBITDA (€) | -123 008 | 996 740 | 817 172 | 1 657 438 | 1 475 863 | 2 627 150 | - |
| Operating profit (€) | -1 528 384 | -610 354 | -541 583 | 480 355 | 379 748 | 1 195 715 | - |
| Net profit (€) | -1 204 977 | -607 225 | 1 379 668 | 1 494 141 | 1 042 116 | 1 402 744 | 855 970 |
| Turnover growth rate (%) | -12,2 | -7,1 | 0,1 | 1,1 | -2,6 | 4,4 | - |
| Ebitda margin rate (%) | -0,7 | 5,1 | 3,9 | 7,9 | 7,1 | 12,3 | - |
| Operating margin rate (%) | -8,9 | -3,1 | -2,6 | 2,3 | 1,8 | 5,6 | - |
| Working Capital (turnover days) | 59,3 | 38,5 | 83,9 | 37,2 | 7,7 | -16,5 | - |
| Working Capital requirements (turnover days) | -19,4 | -42,2 | -18,8 | -24,7 | -31,9 | -31,1 | - |
| Net margin (%) | -7 | -3,1 | 6,6 | 7,1 | 5 | 6,6 | - |
| Added value / Turnover (%) | 30,4 | 32,6 | 33,8 | 37,8 | 37,3 | 40,4 | - |
| Wages and social charges (€) | 4 280 817 | 4 058 125 | 4 934 789 | 4 871 360 | 4 953 202 | 4 623 721 | - |
| Salaries / Turnover (%) | 25 | 20,8 | 23,5 | 23,2 | 23,9 | 21,7 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Directeur général | Stéphanie Marie Christine | REY | 58 |
Studies mentioning this company
The coworking market - France
Other companies mentioned:
- La Cordée
- Wojo
- WeWork
- Spacesworks (International Workplace group)
- Wellio (Covivio Groupe)
- Morning Coworking
- Kwerk
- Multibureau
- Giboire groupe
- Industrious Office
- Start way (La poste Immobilier)
- DIGITAL VILLAGE Coworking
- THALES DIGITAL FACTORY
- Vinci Immobilier
- HÉMÉRA
- Bureaux à partager
- IWG Regus (International Workspace group)
- Ateac
- Insitu Groupe
- Bureaux and co
- Now Coworking
- La Ruche CoWorking
- Coworkings communautaires
- Cardinal Groupe
- Cowool
- Deskeo
- BMG Groupe
- The Bureau
- Newton Offices
The business centre market - France
Other companies mentioned:
- ABCLIV
- Sofradom
- Alac Etoile
- Servcorp
- Ateac
- NCI Groupe
- Sofrapart
- Centre d’affaires des Monts d’or 1
- Baya Axess
- Bureaux à partager
- Le Bloc (Eyrolles Groupe)
- IWG Regus (International Workspace group)
- Buro club
- Multibureau