Turnover: 160 million EUR (2022)
Country: France
- Formerly a French bedding group, the Adova Group was acquired in 2016 by investment fund Perceva. Refocused on bedding, it owns the Dunlopillo, Simmons and Treca brands, among others
- 850 employees
News
Bedding market: Adova Group (Simmons, Tréca) 31/07/2023
- Adova Group is a mission-driven company with its Simmons and Tréca brands.
- The Group has five plants in France: two for Simmons, two for Tréca and one specifically for the hotel market.
- Adova Group employs 890 people.
- By 2022, Adova Group expects to have sales of €160 million.
- 85% of sales are generated in France
- The Group has its own network of boutiques, with 8 stores for Simmons (7 in Paris and 1 in Lyon) and 7 for Tréca (5 in Paris, 1 in Lyon and 1 in Bayonne).
- Adova Group has sales outlets abroad in Bucharest, Barcelona, Milan, London and Dubai.
Financial Data
DUNS: 820301943
Legal Name: ADOVA GROUP
Address: 45 RUE DU CARDINAL LEMOINE , 75005 PARIS 5
Number of employees: Entre 50 et 99 salariés (2020)
Capital: 15 000 EUR
Financial Data:
| Year | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Turnover | 19 997 443 | 15 036 906 | 12 834 460 | 7 847 684 |
| Gross margin (€) | 25 350 744 | 20 749 170 | 17 726 803 | 9 654 180 |
| EBITDA (€) | -303 707 | 83 548 | -837 625 | 130 604 |
| Operating profit (€) | 250 292 | -430 598 | -172 278 | 91 446 |
| Net profit (€) | -7 500 477 | -4 563 584 | -3 193 663 | -4 726 192 |
| Turnover growth rate (%) | 33 | 17,2 | 63,5 | - |
| Ebitda margin rate (%) | -1,5 | 0,6 | -6,5 | 1,7 |
| Operating margin rate (%) | 1,3 | -2,9 | -1,3 | 1,2 |
| Working Capital (turnover days) | -490,4 | -400,7 | -290,6 | -227,8 |
| Working Capital requirements (turnover days) | 254,2 | 227,3 | 304 | 365,5 |
| Net margin (%) | -37,5 | -30,3 | -24,9 | -60,2 |
| Added value / Turnover (%) | 36,9 | 51,6 | 48 | 44,5 |
| Wages and social charges (€) | 7 695 119 | 7 583 423 | 6 812 398 | 3 227 012 |
| Salaries / Turnover (%) | 38,5 | 50,4 | 53,1 | 41,1 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du directoire | Charles, Henri, Herve, Jerome | Deon | 50 | |
| Jean-louis | Grevet | 61 |
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