Turnover: ()

Country: France

Double A Paper launched its first product in Thailand in 2000.

In 2013, it acquired the French paper mill Alizay, enabling it to step up its penetration of the European market, begun in 2011, after having started exporting its products to Asia in 2001, then to the Middle East in 2007.

Its graphic paper production is therefore integrated and highly specialized. Thecompany specializes in the production of standardized graphic paper.

In 2021, the French subsidiary will be sold to Belgian VPK Packaging

Financial Data

DUNS: 790462972

Legal Name: VPK PAPER NORMANDIE

Address: DU CLOS PRE ZI, 27460 ALIZAY

Number of employees: Entre 100 et 199 salariés (2021)

Capital: 34 603 288 EUR


Financial Data:

Year 2022 2021 2020 2017 2016 2015
Turnover 45 963 570 90 130 516 50 323 900 104 424 934 112 939 533 145 008 029
Gross margin (€) 8 313 308 27 264 954 15 630 253 20 581 044 18 239 324 26 187 308
EBITDA (€) -19 603 191 -9 658 120 -14 265 626 -5 840 255 -10 439 612 -9 855 897
Operating profit (€) -19 997 803 -12 592 977 -16 930 403 -8 222 714 -12 030 292 -10 253 855
Net profit (€) -23 635 267 -12 235 082 -17 076 969 -7 846 640 -12 072 658 -10 214 014
Turnover growth rate (%) -49 79,1 -35,4 -7,5 -22,1 -
Ebitda margin rate (%) -42,6 -10,7 -28,3 -5,6 -9,2 -6,8
Operating margin rate (%) -43,5 -14 -33,6 -7,9 -10,7 -7,1
Working Capital (turnover days) -142,7 107,4 106,8 79 94,4 -82,5
Working Capital requirements (turnover days) -9,6 -28,2 -98,8 78,9 91,4 -89,6
Net margin (%) -51,4 -13,6 -33,9 -7,5 -10,7 -7
Added value / Turnover (%) -25,7 1 -7,8 4,9 0,4 1,2
Wages and social charges (€) 6 375 348 8 755 743 8 035 496 8 398 706 8 524 300 8 766 240
Salaries / Turnover (%) 13,9 9,7 16 8 7,5 6

Company Managers:

Position First Name Last Name Age Linkedin
Président Wim Naessens 53
Administrateur Poolsak Sutanthavibul 65
Administrateur Thanisara Stavornvisit 64

Studies mentioning this company

The pulp market - France

Other companies mentioned:

  • Sylva bois
  • Solarz
  • Veolia Propreté (Groupe Veolia)
  • International Paper
  • Ahlstrom-Munksjo
  • Norske Skog
  • Fibre Excellence (Groupe Paper Excellence)
  • RDM Group
  • Wepa Greenfield
  • Lacroix Emballages Groupe
  • Smurfit Kappa
  • Alisay (VPK Packaging)
  • Sofidel
  • Smurfit Kappa Comptoir du Pin
  • SAICA
  • Saica Pack France
  • Stora Enso
  • Svenska Cellulosa Aktiebolaget
  • Papeterie de Condat (Lecta Group)
  • Exacompta Clairefontaine