Turnover: 5.8 billion EUR (2023)
Country: France
As France's leading dairy cooperative, Sodiaal specializes in this sector, collecting, processing and marketing milk and other dairy products. Sodiaal collected 4.4 billion liters of milk in 2021, representing around 20% of the national total.
Its main brands are Viva, Candia, Yoplait and Entremont for milk, Entremont and Saint Flour for cheese, Yoplait for ultra-fresh products and Nactalia (infant milk) for specialized nutrition
77 industrial sites in France
News
Sodiaal launches a campaign to support its Candia, Yoplait and Entremont brands 09/09/2023
Coopérative Sodiaal brings together three major brands: Candia, Yoplait and Entremont. The cooperative brings together 16,000 farmers in 72 départements. The three brands are present in 9 out of 10 households.
Yoplait revives thanks to Sodiaal 04/04/2023
- Acquisition of Yoplait's European activities by Sodiaal in November 2021.
- The Yoplait brand was previously owned by General Mills Yoplait generates sales of 650 million euros in Europe, 80% of which in France.
- Yoplait's 26 franchisees generate total sales of around 1 billion euros.
- Brand sales up 9.4% by 2022.
- Tripling of the market share of Yoplait's Icelandic yogurts (skyr), from 10% to 33%.
- Yoplait sales in France total 510 million euros.
Entremont expands its range of cubed PDO cheeses 22/03/2023
- Entremont sales: 900 million euros
- - Private label share of sales: 47%
- - Entremont price increase: 25% in one year
- - New Entremont products in 2027: 25% of sales
- - Cheese market down 2.8
- - The company is owned by dairy giant Sodiaal
- The Sodiaal cooperative has 21 appellations in its cellars, from Roquefort and Saint-Nectaire to Brie de Meaux and Munster
Inflation: milk giant Sodiaal pleads the case for private labels 07/03/2023
- Sodiaal, France's leading dairy cooperative (sales of 5.5 billion euros in 2022), is known for its Yoplait, Candia and Entremont brands
- It also manufactures the private labels of its customers, the major retailers (50% of its production)
Sodiaal is asking for price increases of 15-20%. 25/05/2022
- Sodiaal is asking for price increases for distributors of 15-20% above the inflation in production costs, which have soared since the start of the war in Ukraine.
- The industry is already facing a decline in the number of farms (-2.7% in recent months)
- This price increase would be necessary to guarantee the remuneration of breeders at 400 euros/1,000 liters
- The industry has been hit by a 10% rise in raw materials prices in 2021.
- Risk of milk shortage
In recent years, Sodiaal has adopted a very aggressive external growth strategy, with the purchase and merger of several cheese dairies and other agricultural cooperatives.
Financial Data
DUNS: 351572888
Legal Name: SODIAAL UNION
Address: 200 RUE RAYMOND LOSSERAND 200-216, 75014 PARIS 14
Number of employees: Entre 1 000 et 1 999 salariés (2020)
Capital: 1 000 000 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 2 515 830 272 | 2 553 395 365 | 2 672 381 327 | 2 613 466 302 | 2 604 639 192 | 2 364 414 020 | 2 509 896 120 | 2 858 519 174 |
| Gross margin (€) | 191 442 744 | 188 288 843 | 189 566 956 | 191 026 028 | 173 973 776 | 199 413 285 | 186 190 791 | 185 945 647 |
| EBITDA (€) | 22 868 554 | 22 769 911 | 20 601 146 | 17 352 113 | 6 741 292 | 23 094 549 | 17 301 416 | 14 657 966 |
| Operating profit (€) | 21 249 715 | 20 919 887 | 18 811 445 | 14 705 408 | 3 934 060 | 19 822 025 | 14 231 097 | 11 242 807 |
| Net profit (€) | 26 912 778 | 26 423 784 | 28 729 453 | 75 943 119 | 31 775 831 | 28 646 552 | 22 902 123 | 22 400 777 |
| Turnover growth rate (%) | -1,5 | -4,5 | 2,3 | 0,3 | 10,2 | -5,8 | -12,2 | 18,1 |
| Ebitda margin rate (%) | 0,9 | 0,9 | 0,8 | 0,7 | 0,3 | 1 | 0,7 | 0,5 |
| Operating margin rate (%) | 0,8 | 0,8 | 0,7 | 0,6 | 0,2 | 0,8 | 0,6 | 0,4 |
| Working Capital (turnover days) | 42,1 | 37,5 | 27,2 | 24,9 | 13,3 | 13,2 | 9 | 14,3 |
| Working Capital requirements (turnover days) | 17,4 | 15,5 | 17,7 | 21,5 | 18,5 | 15,6 | 17,5 | 18,1 |
| Net margin (%) | 1,1 | 1 | 1,1 | 2,9 | 1,2 | 1,2 | 0,9 | 0,8 |
| Added value / Turnover (%) | 3,4 | 3,3 | 2,9 | 3 | 2,7 | 3,9 | 3,3 | 2,9 |
| Wages and social charges (€) | 58 176 081 | 57 251 288 | 55 396 272 | 59 082 430 | 59 452 571 | 63 851 360 | 60 754 803 | 64 177 567 |
| Salaries / Turnover (%) | 2,3 | 2,2 | 2,1 | 2,3 | 2,3 | 2,7 | 2,4 | 2,2 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil d'administration | Damien | Lacombe | 63 | |
| Administrateur | Jean-Pierre | FAUCON | 54 | |
| Administrateur | Jean-Michel | JAVELLE | 59 | |
| Administrateur | Damien | LACOMBE | 63 | |
| Administrateur | Michel | RECHENMANN | 64 | |
| Administrateur | Luc | VERHAEGHE | 58 | |
| Administrateur | Olivier | GAFFET-WALLET | 56 | |
| Administrateur | Jérôme | Aubert | 48 | |
| Administrateur | Sébastien | Courtois | 43 | |
| Administrateur | Patrice | Binet | 50 | |
| Administrateur | Patrick | Trifault | 51 | |
| Administrateur | Damien | Garnier | 50 | |
| Administrateur | Dominique | Guerrier | 61 | |
| Administrateur | Laurent | Hassoux | 58 | |
| Administrateur | Yvan | Ogier | 54 | |
| Administrateur | Jean-Michel | Le Meur | 58 | |
| Administrateur | Olivier | Beaufils | 52 | |
| Administrateur | Frédéric | Collet | 51 | |
| Administrateur | Freddy | Carric | 41 | |
| Administrateur | Thomas | Guiraud | 38 | |
| Administrateur | Jacques | Chalier | 61 | |
| Administrateur | Blandine | Baland | 46 | |
| Administrateur | Anne-Sophie | Delassus | 35 | |
| Administrateur | Johann | Vevert | 43 | |
| Administrateur | Pierre-Marie | Droumaguet | 44 | |
| Administrateur | Anthony Jean Paul | Marre | 36 | |
| Administrateur | Frédéric | Rannou | 44 |
Studies mentioning this company
The cattle farmers' market in France - France
Other companies mentioned:
- Agrial Coopérative Primeal
- Sodiaal Groupe (Coopérative)
- Terrena (Coopérative)
- Hendrics Genetics France
- Serval
- Innoval
- Antelliq Allflex (Merck Group)
- Celia Cooperative Groupe
- Bleu Blanc Coeur
The cheese market and cheese dairies - France
Other companies mentioned:
- La Cloche à fromage
- Franprix (Groupe Casino)
- Sodiaal Groupe (Coopérative)
- Bel Groupe
- Eurial Coopérative
- Lactalis Groupe
- Jay & Joy
- Chevenet
- Fromagerie Beillevaire
- Savencia Fromage & Dairy groupe
- Entremont (Sodiaal)
- Ermitage - Union Laitière Vittelloise
- Henri Hutin Fromagerie (Hochland)
- Agropur
- Hochland
- Morin Fromager
- Quatre Homme Fromagerie
- Androuet
- Lincet Fromagerie
- Fromagerie Gillot
The butter market - France
Other companies mentioned:
- Savencia Fromage & Dairy groupe
- Eurial Coopérative
- Isigny-Sainte-Mère (Coopérative)
- Sodiaal Groupe (Coopérative)
- Lactalis Groupe
- Loyez Woessen - Abondia
- Terra Lacta Cooperative
The Infant Food Market - France
Other companies mentioned:
- Nespresso (Nestlé)
- HiPP
- Vitagermine
- Nutriset
- Laboratoires Gilbert (GILBERT Groupe)
- Nutriben (Alter Pharmacia)
- Sodilac (Groupe Savencia)
- Even Groupe
- Sodiaal Groupe (Coopérative)
- General Mills
- Babybio Vitagermine
- Abbott Groupe
- Good Goût (H&M group)
- Blédina (Danone)
- Gerber (Neslé groupe)
- Gallia Laboratoire Bledina
- Guigoz (Nestlé)
- Lemiel (Lactalis Nutrition)
- Materna (Lact'Union)
- Milupa
- Nestlé Nidal
- Picot (Lactalis)
- Potpotam
- Youji
- Nümi
- Nutribio (Sodiaal)
- Reckitt Bencksider France
- Idil Fibres Optiques
- Abott
The powdered milk market - France
Other companies mentioned:
- Arla Foods
- Laïta Regilait
- Even Groupe
- Lactalis Groupe
- Sodiaal Groupe (Coopérative)
- Sill Entreprises
- Nümi