Schmidt Groupe: The latest figures, news and market research on Schmidt Groupe

Turnover: 1.9 billion EUR (2022)

Country: France

Schmidt Groupe, founded in 1934, is a leading manufacturer of kitchen and bathroom furniture in France and Europe.
Schmidt Group distributes its products through its two banners, Cuisines Schmidt (mid-range and high-end) and Cuisinella (affordable fitted kitchens)
Its factories also supply competitors such as But and Fly.
5 production plants, including 4 in France, 600 kitchens a day.
Schmidt is the leading retailer of kitchens for the home, with a 20% market share thanks to its 800 Cuisines Schmidt and Cuisinella stores.
1800 employees
1.9 billion in sales and 8000 people across the network

Schmidt Groupe turns to professional customers 30/05/2023

800 sales outlets in Europe
1.900 employees
Sales growth of 4% by 2022
Kitchens account for around 90% of the Group's business
Investment of 150 million euros by 2025 to modernize and increase production capacity
Opening of around fifty stores a year
Present in 27 countries, mainly in Europe

Today, Schmidt Groupe is the leading kitchen manufacturer in France and the fifth largest in Europe.

DUNS: 326784709

Legal Name: SCHMIDT GROUPE

Address: 5 RUE CLEMENCEAU , 68660 LIEPVRE

Number of employees: Entre 1 000 et 1 999 salariés (2021)

Capital: 3 000 000 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016
Turnover	666 900 268	640 550 653	501 864 399	541 593 989	511 297 122	503 324 166	475 354 582
Gross margin (€)	354 759 580	345 506 213	275 141 943	287 500 977	266 332 986	268 023 794	249 298 852
EBITDA (€)	102 780 428	118 365 718	73 196 877	74 118 812	45 557 724	56 871 701	55 719 521
Operating profit (€)	82 071 890	96 944 112	51 228 900	48 046 582	22 536 819	35 267 315	38 248 852
Net profit (€)	80 536 136	59 070 148	25 858 084	24 957 190	13 403 631	17 014 123	18 225 263
Turnover growth rate (%)	4,1	27,6	-7,3	5,9	1,6	5,9	8,8
Ebitda margin rate (%)	15,4	18,5	14,6	13,7	8,9	11,3	11,7
Operating margin rate (%)	12,3	15,1	10,2	8,9	4,4	7	8
Working Capital (turnover days)	-31	-50,1	-47,2	-42,8	-29	-28,8	-23,6
Working Capital requirements (turnover days)	-1,3	-8,7	-2,8	-0,4	9	-	10,1
Net margin (%)	12,1	9,2	5,2	4,6	2,6	3,4	3,8
Added value / Turnover (%)	31,4	34	33,5	31,8	27,3	29,5	29,5
Wages and social charges (€)	104 093 730	96 439 390	87 983 966	92 367 466	88 040 040	83 688 575	77 736 223
Salaries / Turnover (%)	15,6	15,1	17,5	17,1	17,2	16,6	16,4

Company Managers:

Position	First Name	Last Name	Age
Président du conseil de surveillance	Caroline	Leitzgen	53
Président	Anne	Leitzgen	51
Directeur général	Laurent	Blum	58
Membre du conseil de surveillance	Marie-laure	Berthie	52
Membre du conseil de surveillance	Caroline, Marie	David	64
Membre du conseil de surveillance	Loic, Alain, Robert	Gourlaouen	56
Membre du conseil de surveillance	Bernard	Muller	70

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