Turnover: 911.5 million EUR (2023)
Country: France
- Teract is the listed subsidiary of the Invivo group, which brings together the group's gardening brands (Jardiland, Delbard, Gamm Vert, Noa) and fresh produce brands (Boulangerie Louise, Grand Marché, Frais d'ici, Bio&co, etc.)
- 5400 employees
- 1700 points of sale
- 9 banners
- 2.5 billion in sales with affiliates
- the company's sales are around €1 billion.
- Distribution of stores by brand:
- 180 Jardiland
- 1160 Gamm Vert
- 240 Delbard and "Jardinerie du Territoire
- 130 Boulangeries Louises
News
Teract limits the damage thanks to food for its 2023/2024 financial year 01/08/2024
- Annual consolidated sales - Total: 911.5 million euros.
- Food sector
- - Contribution to sales: 93.5 million euros.
- - Share of annual sales: 16% in 2023-2024 (vs. 10.4% in 2022-2023).
- - Annual sales growth: +55.5%
- Gardening/Pets sector
- - Consolidated annual sales: 766.0 million euros
- - change in store base: 30 fewer stores at year-end.
- - Own-brand penetration rate: 24% at end June 2024 (+3 points).
- - Unfavorable weather conditions affecting gardening.
Teract: progress report on model transformation 15/02/2024
- - Teract sales, first half 2023-2024: 397.3 million euros
- - Change in sales: Up 11.6% overall; down 2.3% on a comparable basis
- - Share of food in sales: From 6% to 18.5%, or 73.7 million euros.
- - Sales in garden centers and pet shops: Down 3.3% to 323.6 million euros.
- - Sales volume: 1.054 billion euros
- - Share of garden center/pet shop business: 975.1 million euros
- - Share of food: 78.3 million euros
- - Annual sales forecast for 2023-2024: Between 900 and 950 million euros
Teract annual results 19/10/2023
- Teract annual sales for fiscal year 2022-2023: 902.1 million euros.
- Change in annual sales: increase of 10.9%.
- Garden center/animal sales: 808.6 million euros, up 1.7% on a reported basis and down 1.8% on a like-for-like basis.
- Food sector sales: €93.5 million, versus €18.8 million a year earlier.
- Teract's objective for 2023-2024 is to grow its sales volume, focusing on developing the bakery-snacking market and accelerating the franchising and own-brand model in garden centers.
Teract: weather impacts gardening and pet supplies business 31/07/2023
- Teract sales for the 2022-2023 financial year: 902.3 million euros, up 10.9% on a reported basis but down 1.9% on a like-for-like basis.
- Consolidated sales for the Gardening/Pets sector for the 2022-2023 financial year: 813 million euros, up 2.3% on a reported basis and down 1.8% on a like-for-like basis.
- Teract's own-brand penetration rate has increased by 5 points compared with June 30, 2022 (20.6% of integrated store sales at June 30, 2023).
- Consolidated Food Sector sales for the 2022-2023 financial year: 89.3 million euros.
- The number of Teract Group stores at June 30, 2023 was 1,714.
Retail: Casino and Teract enter into exclusive negotiations 10/03/2023
- Project to create two separate entities.
- The first, controlled by Casino, would bring together the country's retail activities. Casino would bring to the new entity "more than 9,100 stores", while Teract would contribute its "know-how and expertise in the operation of garden centers, pet shops and food stores".
- The second, called "Teract Ferme France", will be controlled by InVivo, the majority shareholder of nearly 190 agricultural cooperatives, and will be responsible for supplying local, short-circuit agricultural products.
Independent bakers struggle to stem chain growth 12/12/2022
- France has 33,000 artisan bakeries, up from 55,000 in 1970
- 6 billion baguettes leave French bakeries every year
- Boulangeries Louise network taken over by Invivo (Teract)
- Laurent Menissez retained a quarter of Louise's capital: 129 bakeries, 1,500 employees and sales of 88 million euros in 2021
Teract takes over Louise bakeries 05/12/2022
- Boulangerie Louise ,1,500 employees,129 artisan bakeries, leading player in artisan bakery in northern and north-western France, third national network
- Sales of €88m by the end of 2021
- Teract aims to make Boulangerie Louise a national leader in artisan bakeries
- Tereact also includes garden centers and product stores belonging to the Invivo group (Gamm Vert, Jardiland, Delbard)
Financial Data
DUNS: 889017018
Legal Name: TERACT
Address: 83 AV LA GRANDE ARMEE , 75116 PARIS 16
Number of employees: 0 salarié (2022)
Capital: 944 013 EUR
Financial Data:
| Year | 2020 |
|---|---|
| Turnover | - |
| Gross margin (€) | - |
| EBITDA (€) | -19 073 |
| Operating profit (€) | -19 073 |
| Net profit (€) | -19 073 |
| Turnover growth rate (%) | - |
| Ebitda margin rate (%) | - |
| Operating margin rate (%) | - |
| Working Capital (turnover days) | - |
| Working Capital requirements (turnover days) | - |
| Net margin (%) | - |
| Added value / Turnover (%) | - |
| Wages and social charges (€) | - |
| Salaries / Turnover (%) | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil d'administration | Thierry | Blandinières | 64 | |
| Directeur général | Moez-Alexandre | Zouari | 53 | |
| Administrateur | Cédric | Carpène | 50 | |
| Administrateur | Bertrand | Hernu | 56 | |
| Administrateur | Bertrand | Relave | 56 | |
| Administrateur | Maha | Al Bukhari | 55 | |
| Administrateur | Ewa | Radecka | 64 | |
| Administrateur | Marie-Amélie | Jacquet | 46 |
Studies mentioning this company
The bakery and pastry market - France
Other companies mentioned:
- ARGRU
- Atlantique Productions
- Banette
- Biofournil
- Boulangerie Neuhauser
- Boulangerie Viennoiserie Française
- Boulangerie Yong
- Bretzels Moricettes Mfp Poulaillon
- Bridor (Le Duff groupe)
- Brio Gel
- Delifrance (Groupe Vivescia)
- Erhard Patissier Glacier
- Europe Des Pains
- Jacquet Brossard (Limagrain groupe)
- Jacquet Panification
- Kauffer'S D'Alsace
- L'Epi Du Rouergue
- La Boulangerie De L'Europe (Neuhauser groupe)
- La Fournée Doré
- La Gerbe Savoyarde
- La Romainville
- Le Duff Groupe
- Le Fournil Du Val De Loire
- Le Moulin De La Chaume (Intermarché les Mousquetaires)
- Le Pain De Belledonne
- Les Moulins De Saint Armel ( (Intermarché les Mousquetaires)
- Les Moulins De Saint Aubert (Intermarché les Mousquetaires)
- Les Moulins De Saint Preuil (Intermarché les Mousquetaires)
- Limagrain Cooperative Groupe
- Louise Boulangerie (Teract Groupe)
- Mademoiselle Desserts groupe
- Menissez Maison
- Menissez Frais
- Menissez Premium
- Menissez Groupe
- Monts Fournil La Mie Calin
- Norac Foods
- Pains Saint Rolan
- Paso Traiteur (Fleury Michon)
- Pasquier Patisserie Cerqueux
- Pasquier Patisserie Etoile
- Pasquier Patisserie Saint Valery
- Pasquier Patisserie Vron
- Paul Boulangerie (Groupe Holder)
- Planete Pain
- Pomone
- The French Bastards
- Tipiak Traiteur Pâtissier
- Tipiak Panification
- UPB Sobagel SA
- Vitacuire
- Vivescia
- Eric kayser
- Puratos Group
- Teract (Invivo Retail)
- Ange Boulangerie
- Campaillette - Grands Moulins de Paris
- Feuillette
- Fromentiers de France
- Ladurée (Lov Groupe)
- La Boulangère (Norac groupe)
- La Brioche Dorée (Le Duff Groupe)
- La Compagnie des Desserts
- Le Fournil Bitterois (Soufflet)
- Moulin Soufflet
- Moulin Meckert (Moulin des Moines)
- Soufflet Groupe
- Paindor (Vandemoortele)
- Pasquier (Groupe)
- Poppies Bakeries Laudun
- Mecatherm
- Eurogerm
- Christophe Michalak
- Ker Cadélac
- Maison Colibri (Groupe Roullier)
- Pomme de Pain
- Fournil de Pierre (Le Duff Groupe)
- Le fournil Saint André
- Poilâne
- France Boulangerie
- Stohrer
- Mulot et PetitJean
- Augustin
- Mariette
- Le pain du jour
- La Panetière
- L'atelier Papilles
- Vandemoortele
- Novepan
- Boulangeries Sophie Lebreuilly
- La Croissanterie Delineo
- Marie Blachère
- ZOÏ Kitchen
The gardening market - France
Other companies mentioned:
- Leroy Merlin France (Adeo)
- Castorama France (Kingfisher)
- Jardiland (Groupe Teract)
- VillaVerde
- Gamm Vert (Teract Groupe)
- Truffaut
- Delbard (Teract groupe)
- Botanic
- Honda Manufacturing France
- Teract (Invivo Retail)
- ITM Equipement (Bricorama, Bricomarché, Brico Cash)
- Kingfisher (Castorama, Bricodépot, KingFisher , Screwfix)
- Florentaise
- Espace Emeraude
- VoltR
- Irrijardin
- Point Vert
- Willemse France
- Jardineries du Terroir
- Nature et Découvertes
- Floralux
- Rustica (Media Participations)
- Evergreen Garden Car - Love the Garden
- Rouchette
- Burgermeister Groupe
- Villa Verde
- Emeraude Création
- Pubert Motoculteurs
- Inédis
- OOGarden