Palette Gestion Services (PGS Groupe): The latest figures, news and market research on Palette Gestion Services (PGS Groupe)

Turnover: 482 million EUR (2022)

Country: France

Palettes Gestion Services is France's leading pallet manufacturer, with over 10 sawmills in France and Spain
PGS (Palette Gestion Services) was founded in 1993
through its subsidiary PGS Reverse, the group offers pallet logistics management services, as well as harvesting and sawing the wood needed to manufacture pallets.
PGS has an annual sawing capacity of 695,000 m3.
Through its 19 production sites in Europe (including 15 in France), PGS has a production capacity of 25 million new pallets and 14 million reconditioned pallets.
It operates in 8 countries and employs over 800 people.

France's leading pallet manufacturer acquires competitor Hoekman Houtindustrie 20/01/2024

PGS, a French group specializing in wooden pallets, recently acquired the Dutch company Hoekman Houtindustrie.
Hoekman Houtindustrie achieved sales of €14.7 million in 2022.
Hoekman Houtindustrie employs 34 people.
PGS now has two sites in the Netherlands, one in the south near the Belgian border and the other in the northeast.
PGS claims to be the European leader in new and reconditioned wooden pallets.
PGS has forecast sales of 482 million euros for 2022.
PGS currently employs 900 people. PGS is present on 50 sites.

PGS strengthens its vertical integration 10/01/2024

PGS, founded in 1993, is Europe's leading provider of reverse logistics services and new and reconditioned pallets.
The company has 50 sites in 10 countries.
It employs 900 people. PGS achieved sales of 482 million euros in 2022.
The company acquired a 50% stake in Ide Group, a Belgian sawmill.
Ide Group, founded in 1984, is based in Zulte, Belgium.
The company employs 65 people.
Ide Group has sales of 28 million euros.

PGS: Jean-Louis Louvel is Entrepreneur of the Year 21/10/2023

A new takeover for PGS 06/05/2023

PGS sales for fiscal year 2022: 500 million euros
Number of PGS employees: 850
Number of PGS sites in seven countries: 42
The pallet specialist has acquired Nord recyclage service, a reconditioner based in Douvrin
Nord recyclage service (NRS) sales in 2022: 10 million euros
Workforce: 23

DUNS: 391208287

Legal Name: PALETTES GESTION SERVICES

Address: RUE MICHEL POULMARCH CTRE MULTIMARCHANDISES, 76800 SAINT-ETIENNE-DU-ROUVRAY

Number of employees: Entre 50 et 99 salariés (2021)

Capital: 25 000 000 EUR

Financial Data:

Year	2020	2019	2018	2017	2016	2015
Turnover	15 635 679	15 848 737	16 708 130	16 008 930	17 835 620	22 371 251
Gross margin (€)	11 823 206	12 763 894	13 001 825	11 291 150	10 583 573	9 049 568
EBITDA (€)	1 301 805	521 172	558 803	458 560	497 592	384 841
Operating profit (€)	1 126 155	268 746	233 907	235 259	199 711	101 734
Net profit (€)	4 016 407	2 917 378	2 964 550	2 505 550	2 454 420	2 387 311
Turnover growth rate (%)	-1,3	-5,1	4,4	-10,2	-20,3	-
Ebitda margin rate (%)	8,3	3,3	3,3	2,9	2,8	1,7
Operating margin rate (%)	7,2	1,7	1,4	1,5	1,1	0,5
Working Capital (turnover days)	104,6	255,8	206,3	38,3	13,6	-18,1
Working Capital requirements (turnover days)	10,1	114,6	82,5	120,6	76,8	63,6
Net margin (%)	25,7	18,4	17,7	15,7	13,8	10,7
Added value / Turnover (%)	27,8	24,9	25	26,7	26,2	19,7
Wages and social charges (€)	2 910 768	3 270 931	3 514 835	3 693 802	3 930 074	3 875 343
Salaries / Turnover (%)	18,6	20,6	21	23,1	22	17,3

Company Managers:

Position	First Name	Last Name	Age
Directeur général	Luc, Marcel	Grauwet	51
Directeur général	Jean-louis, Thierry	Louvel	58
Directeur général	Michael, Arnaud	Modugno	52

Other companies mentioned:

Other companies mentioned: