Routin Sirops: The latest figures, news and market research on Routin Sirops

Turnover: 123 million EUR (2023)

Country: France

Maison Routin has specialized in beverage flavoring for over 130 years.
Routin is France's second-largest syrup manufacturer and the world's leading exporter, with a presence in over 85 countries.
There are three ranges: 1883, for foodservice professionals; Fruiss and Oasis Sirop for the general public.
The Fruiss organic range is 100% natural.

Routin syrups, a Savoyard tradition exported beyond the Alps 23/09/2024

- Founded in 1883 by Philibert Routin.
- Sales in 2023: 115 million euros.
- Sales target in 5 years: 220 million euros.
- Number of employees: 250.
- International sales: 66%.
- Sales to rise from 50 million euros in 2019 to 115 million euros in 2024.
- Sales: 70% in out-of-home networks and 30% in supermarkets.
- Market share in supermarkets: 3.5% of volumes.
- Recent acquisitions:
- - Eyguebelle in 2021.
- - Artonic in 2022.
- - Cappuccine in 2023.
- Launch of syrup licenses in supermarkets: Oasis, Carambar and Ocean Spray.
- The 1883 brand is present in 84 countries.
- New products: Production of fruit purees.
- Opening of the first Drink Design Center in 2022 at La Motte-Servolex (73), with almost 1,200 visitors by 2023.

Routin syrups acquired by Argos Wityu fund 06/09/2024

Routin, based in La Motte-Servolex, near Chambéry (Savoie), has been producing syrups since 1883.
Over the past five years, the company has expanded into "ingredients for creative beverages" such as cocktails, notably through several external growth operations. More than 240 employees.
Sales growth: from €56 million in 2018 to over €115 million in 2023.
Shift from GMS (off-trade) networks to the on-trade segment (coffee shops, bars, hotels, restaurants).
Routin already generates almost two-thirds of its business from exports.
Recent acquisition: Cappuccine, a Californian company specializing in powders for frappés and flavored drinks, contributing to Routin's development in the United States, with nearly 18% of its sales coming from this market.

From the Alps to Los Angeles, the Routin syrup rejuvenation cure 06/08/2024

Creation of a Drink Design Center by Sirops Routin 08/01/2024

The Routin mixology school opened in September 2022.
The company has trained 1,200 students there. The company acquired the licenses for Oasis and Carambar syrups in 2018.
Routin absorbed its competitor Eyguebelle in 2021.
The company diversified its range with the acquisition of Artonic in 2022 and California-based Cappuccine in 2023.
The group has 247 employees.
Routin's current sales total 123 million euros, two-thirds of which are generated internationally.
In 2018, the company achieved sales of 50 million euros, 20% of which were exported.
Routin is aiming for sales of close to 200 million euros in 2027, three quarters of which will be international.

Routin syrups shake up the beverage world 08/02/2023

Routin sales double to €93 million
Controls 35% of the French domestic market, up 6% to €300 million
Owned by the Apax fund
Worldwide syrup sales reach €1 billion by 2022
Routin offers fruit purées, smoothies and sauces to cafés, bars, restaurants and other food service outlets in over 80 countries

DUNS: 745620278

Legal Name: ROUTIN

Address: 713 RUE DENIS PAPIN ZI DE L ERIER, 73290 LA MOTTE-SERVOLEX

Number of employees: Entre 100 et 199 salariés (2021)

Capital: 740 000 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016	2015
Turnover	66 088 587	55 943 994	53 517 043	56 051 967	59 622 935	59 012 995	55 718 599	57 090 681
Gross margin (€)	32 056 840	29 040 891	26 854 674	30 608 202	31 665 457	28 692 137	26 952 014	28 425 854
EBITDA (€)	7 017 875	5 255 367	2 852 264	5 911 998	5 870 524	5 165 550	5 163 264	4 873 859
Operating profit (€)	5 645 876	4 000 249	1 488 623	4 135 639	4 348 876	3 237 105	3 194 960	3 049 703
Net profit (€)	3 992 758	2 697 636	1 302 223	2 915 115	3 122 220	2 417 008	1 933 580	1 853 276
Turnover growth rate (%)	18,1	4,5	-4,5	-6	1	5,9	-2,4	2,6
Ebitda margin rate (%)	10,6	9,4	5,3	10,5	9,8	8,8	9,3	8,5
Operating margin rate (%)	8,5	7,2	2,8	7,4	7,3	5,5	5,7	5,3
Working Capital (turnover days)	16,6	52,3	37,5	55	18,4	36,8	9,7	29,4
Working Capital requirements (turnover days)	48,1	55,7	42,7	68,2	49,5	54,7	41,7	41,1
Net margin (%)	6	4,8	2,4	5,2	5,2	4,1	3,5	3,2
Added value / Turnover (%)	23,5	24,1	21,8	27,1	25,3	23,4	24,8	22,7
Wages and social charges (€)	8 196 851	7 619 049	6 956 744	7 543 627	7 454 672	7 373 146	7 713 790	7 442 727
Salaries / Turnover (%)	12,4	13,6	13	13,5	12,5	12,5	13,8	13

Company Managers:

Position	First Name	Last Name	Age	Linkedin
Commissaire aux comptes suppléant	Camille	Mat	49

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