Turnover: 389.7 million EUR (2021)
Country: France
Vahiné® is a brand of McCormick, an American company specialized in the food industry, founded in 1889 in Baltimore and with a worldwide turnover of 4.1 billion euros in 2017. The company is, for example, the world leader in the spice market.
The Vahiné brand is only available in Europe, and markets dried fruits, flavors, chocolate chips, toppings, sugars and yeast. Its range of organic products includes 2 different varieties of chocolate nuggets, dark and milk.
Financial Data
DUNS: 622980027
Legal Name: MCCORMICK FRANCE
Address: 315 RUE MARCEL DEMONQUE SITE AGROPARC, 84000 AVIGNON
Number of employees: Entre 500 et 999 salariés (2021)
Capital: 19 572 874 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 369 933 456 | 389 171 325 | 391 238 362 | 352 562 030 | 358 241 000 | 356 374 572 | 364 796 000 | 347 022 000 |
| Gross margin (€) | 187 836 038 | 214 340 189 | 207 586 266 | 183 779 678 | 188 552 249 | 172 980 141 | 177 855 980 | - |
| EBITDA (€) | 34 550 697 | 50 813 573 | 56 127 895 | 41 939 232 | 47 688 158 | 43 084 214 | 46 005 615 | - |
| Operating profit (€) | 30 141 738 | 40 645 789 | 45 130 019 | 33 195 411 | 37 939 149 | 33 440 150 | 35 827 422 | - |
| Net profit (€) | 18 264 208 | 28 567 308 | 23 721 985 | 28 161 243 | 20 499 000 | 18 704 994 | 18 006 000 | 16 590 000 |
| Turnover growth rate (%) | -4,9 | -0,5 | 11 | -1,6 | 0,5 | -2,3 | 5,1 | - |
| Ebitda margin rate (%) | 9,3 | 13,1 | 14,3 | 11,9 | 13,3 | 12,1 | 12,6 | - |
| Operating margin rate (%) | 8,1 | 10,4 | 11,5 | 9,4 | 10,6 | 9,4 | 9,8 | - |
| Working Capital (turnover days) | 89,4 | 92,5 | 55 | 84,7 | 96,4 | 78 | 84,1 | - |
| Working Capital requirements (turnover days) | 83 | 68 | 72 | 76,1 | 74,4 | 84,8 | 94,6 | - |
| Net margin (%) | 4,9 | 7,3 | 6,1 | 8 | 5,7 | 5,2 | 4,9 | - |
| Added value / Turnover (%) | 23,1 | 27,8 | 28,7 | 26,6 | 28,3 | 26,6 | 26,9 | - |
| Wages and social charges (€) | 43 426 805 | 47 396 572 | 45 859 337 | 42 583 725 | 43 285 991 | 42 278 140 | 42 481 905 | - |
| Salaries / Turnover (%) | 11,7 | 12,2 | 11,7 | 12,1 | 12,1 | 11,9 | 11,6 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Christopher | Jinks | 63 | |
| Président | Arnaud | Ronssin | 46 |
Studies mentioning this company
The organic chocolate market - France
Other companies mentioned:
- Ecotone Groupe (Alter Eco, Bjorg, Bonneterre)
- Ethiquable
- Jardin Bio (Léa Nature)
- Cémoi (Sweet Products)
- Biocoop
- Biomonde
- La Vie Claire
- Ferrero
- Lindt & Sprungli
- Mondelez Groupe
- Jean Louis Boyère Vijaya
- Vahiné (McCormic France)
- Kaoka
- Ombar
- Moulin Meckert (Moulin des Moines)
- Nestlé Groupe
- Mars Group
- Les Biolonistes
- Rapunzel