Turnover: 207 million EUR (2019)

Country: France

  • Cofigeo set up the Agripole group, which includes William Saurin, Panzani (sold to the Spanish group Ebro Foods), Garbit, Raynal et Roquelaure and Zapetti, the French leader in ready-to-eat meals
  • The group employs 1,200 people
  • William Saurin manufactures ready-made meals distributed in tins.
  • Founded in 1898, William Saurin specializes in the production of traditional French ready-made meals such as cassoulet.
  • Owned by Financière Turenne Lafayette until 2017, it has since been acquired by Cofigeo.
  • A judicial investigation was opened in 2019 against the former owner for questionable management of William Saurin's accounts, following the discovery of a vast fraud.the discovery of a vast 300 million euro financial fraud after the death of its owner Monique Piffaut

Financial Data

DUNS: 830175295

Legal Name: WILLIAM SAURIN PRODUCTION

Address: 2 RUE DU DOCTEUR LOMBARD , 92130 ISSY-LES-MOULINEAUX

Number of employees: Entre 250 et 499 salariés (2020)

Capital: 10 001 000 EUR


Financial Data:

Year 2019 2018 2017
Turnover 207 981 888 48 919 659 112 515 995
Gross margin (€) 93 241 907 89 503 443 47 148 990
EBITDA (€) 1 916 126 1 285 629 -828 139
Operating profit (€) 204 834 - -3 665 706
Net profit (€) -356 660 -1 356 448 -3 220 176
Turnover growth rate (%) 7,1 72,5 -
Ebitda margin rate (%) 0,9 0,7 -0,7
Operating margin rate (%) 0,1 - -3,3
Working Capital (turnover days) 26,9 12,3 58,9
Working Capital requirements (turnover days) 53,4 51,9 109,7
Net margin (%) -0,2 -0,7 -2,9
Added value / Turnover (%) 14,8 15,8 17,5
Wages and social charges (€) 23 818 397 25 192 060 18 816 561
Salaries / Turnover (%) 11,5 13 16,7

Studies mentioning this company

The ready meal market - France

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  • Maître Coq (LDC Groupe)
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