Turnover: billion EUR ()
Country: France
Audika has long been France's leading network of hearing correction centers, but was overtaken in 2013 by Italian world leader Amplifon.
The company currently operates 470 centers in France and 7 centers in Belgium, with a 14% share of the hearing aid market in these two countries combined.
It belongs to the Danish Demant Group (sales of 2.5 billion by 2022)
News
Hearing aids: the market is booming, and so are frauds 20/03/2023
100% health coverage for hearing aids costing up to 950 euros per ear has boosted the market by 85% in 2021, remaining at the same level in 2022
- 2.2 billion euros in 2022
- - 85% growth in the hearing aid market in 2021 (63% growth in value)
- - 1.7 million aids sold
- - 4 million people have a hearing loss that warrants a hearing aid
- - 65% of the French population will be over 65 by 2030
- - Annual growth of 1.6% in value and 2.1% in volume from 2022 to 2027
- - Average price stable at around 1,500 euros per ear
- - 2,900 ENT specialists nationwide
Financial Data
DUNS: 310612387
Legal Name: AUDIKA GROUPE
Address: 231 RUE DES CABOEUFS , 92230 GENNEVILLIERS
Number of employees: Entre 100 et 199 salariés (2021)
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 42 643 970 | 28 332 954 | 28 291 066 | 28 798 153 | 31 941 510 | 22 612 913 | 27 598 802 | 25 861 788 |
| Gross margin (€) | 43 709 330 | 28 584 277 | 28 829 733 | 29 033 572 | 32 220 901 | 22 843 428 | 27 807 483 | 26 197 354 |
| EBITDA (€) | 6 206 045 | -80 334 | 1 204 820 | 1 844 008 | 3 025 125 | 2 789 017 | 5 517 506 | 5 694 217 |
| Operating profit (€) | 5 729 344 | -312 247 | 1 272 568 | 1 004 000 | 2 523 907 | 2 642 397 | 5 367 198 | 5 053 659 |
| Net profit (€) | 12 235 806 | -354 607 | 830 755 | 626 502 | 2 386 795 | 1 818 328 | 4 394 520 | 3 311 515 |
| Turnover growth rate (%) | 50,5 | 0,1 | -1,8 | -9,8 | 41,3 | -18,1 | 6,7 | - |
| Ebitda margin rate (%) | 14,6 | -0,3 | 4,3 | 6,4 | 9,5 | 12,3 | 20 | 22 |
| Operating margin rate (%) | 13,4 | -1,1 | 4,5 | 3,5 | 7,9 | 11,7 | 19,4 | 19,5 |
| Working Capital (turnover days) | 408,9 | 422,1 | 695,4 | 597,9 | 236,5 | 316,8 | 164,5 | 155,7 |
| Working Capital requirements (turnover days) | 85,1 | -34,9 | 0,6 | 99,9 | 224,8 | 147,3 | 31,9 | 48,1 |
| Net margin (%) | 28,7 | -1,3 | 2,9 | 2,2 | 7,5 | 8 | 15,9 | 12,8 |
| Added value / Turnover (%) | 50 | 47,1 | 51,6 | 46,7 | 51,8 | 47,7 | 58,6 | 56,7 |
| Wages and social charges (€) | 15 488 084 | 12 913 641 | 12 643 900 | 10 984 108 | 12 924 612 | 7 636 844 | 10 046 050 | 8 564 949 |
| Salaries / Turnover (%) | 36,3 | 45,6 | 44,7 | 38,1 | 40,5 | 33,8 | 36,4 | 33,1 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Soren | Nielsen | 53 | |
| Directeur général | Ludovic, Michael, Gregory, Georges-henri | Tonnard | 45 |
Studies mentioning this company
The hearing aid market - France
Other companies mentioned:
- Sonova Groupe
- Prodition (Groupe Demant)
- Starkey
- WS Audiology (Widex Sivantos)
- GN Hearing
- Unitron (Sonova Groupe)
- Audika (Groupe Demant)
- Amplifon
- Alain Afflelou Accousticien
- Audition Mutualiste
- Krys Group
- Demant groupe
The hearing aid market - Spain
Other companies mentioned:
- Amplifon France
- Sonova Groupe
- Prodition (Groupe Demant)
- WS Audiology (Widex Sivantos)
- GN Hearing
- Audika (Groupe Demant)
- Alain Afflelou Accousticien