Afflelou: The latest figures, news and market research on Afflelou

Turnover: 876 million EUR (2023)

Country: France

Alain Afflelou is a French retail chain specializing in optical services and the sale of Alain Afflelou brand eyewear.
It is a franchise chain founded in 1972.
The network is present in 19 countries, with some 1,500 stores, including 720 in France
It is also present in Spain, Benelux and North Africa
Diversified into auditioning

Capital breakdown: Lion Capital owns 39%, Caisse des Dépôts du Quebec 29%, Apax 14%, Alain Affelou 14%

Afflelou innovates: discount, private labels and teleconsultation 04/12/2023

Brand stores grew by 5% in the fiscal year to July 31, to 876 million euros, of which 64% in France, 26% in Spain and 10% in other countries such as Switzerland and Belgium.
In France, performance in the optical sector was 6.4%, outperforming the market, which grew by 4.1%.
The family increased its shareholding to 30% with the purchase of the Apax Partners fund's stake.
Optical eyewear accounts for 92% of sales, while hearing aids account for just 8%.
Of the group's 1,440 outlets, 510 are equipped with a dedicated hearing aid area.
The company has set up teleconsultation booths in 180 stores, with 10,000 teleconsultations to be carried out by 2023.
Prescription optical sales account for 82% of business.
An identified potential of 150 new units in France and 75 in Spain, and an increase of 45 openings in one year.
Afflelou's own-brand products already account for 60% of the offering.

Afflelou expands ophthalmology teleconsultation system to 30 stores 25/10/2022

DUNS: 304577794

Legal Name: ALAIN AFFLELOU FRANCHISEUR SAS

Address: 1 bis Esplanade de la Défense Tour Trinity, 92400 COURBEVOIE

Number of employees: Entre 100 et 199 salariés (2020)

Capital: 2 561 154 EUR

Financial Data:

Year	2021	2020	2019	2018	2017	2016	2015
Turnover	145 393 392	122 643 564	137 846 868	114 832 819	113 294 049	114 704 946	106 246 956
Gross margin (€)	120 228 621	105 230 182	114 819 356	105 230 624	105 165 058	103 749 659	-
EBITDA (€)	63 724 944	48 248 493	61 612 832	55 641 987	54 969 942	49 120 993	-
Operating profit (€)	58 697 970	46 848 660	57 943 875	52 544 889	52 478 270	47 017 493	-
Net profit (€)	40 266 972	32 507 759	47 758 022	55 076 250	43 592 943	38 861 858	36 726 951
Turnover growth rate (%)	18,5	-11	20	1,4	-1,2	8	-
Ebitda margin rate (%)	43,8	39,3	44,7	48,5	48,5	42,8	-
Operating margin rate (%)	40,4	38,2	42	45,8	46,3	41	-
Working Capital (turnover days)	-141,5	-301,3	-195,1	-221,6	-97	-208,5	-
Working Capital requirements (turnover days)	39,2	68,7	54,9	62,1	63,1	65,4	-
Net margin (%)	27,7	26,5	34,6	48	38,5	33,9	-
Added value / Turnover (%)	52,6	49,9	51,5	56,1	56	52,3	-
Wages and social charges (€)	12 321 949	10 279 815	8 995 261	8 289 217	8 146 178	8 044 761	-
Salaries / Turnover (%)	8,5	8,4	6,5	7,2	7,2	7	-