Turnover: 94 million EUR (2020)

Country: France

Armor Lux is a French company specializing in hosiery with headquarters in Brittany. It was founded in 1938.

After its takeover in 1993, the brand diversified its collection in order to increase its sales.

The company bought out several competitors in the 2000s and specialized in technical and safety clothing. In the 2000s, the group relocates about 40% of its production abroad

At the same time, the group is developing its range of ECOCERT certified organic products. It works in particular with the public sector and has won many important tenders for the supply of technical and professional clothing.

In 2010, the group tries to diversify its business by opening several new stores in delicatessen, kitchen products, or cultural products like records or books. In 2018, the group signed a contract with Renault to develop a limited edition of its Renault Kadjar.

Financial Data

DUNS: 375680139

Legal Name: BONNETERIE D'ARMOR

Address: 21 RUE LOUISON BOBET KERJAOUEN, 29000 QUIMPER

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

Capital: 1 600 000 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 55 498 062 52 712 370 52 359 051 50 547 000 50 531 227 49 329 605 50 801 078
Gross margin (€) 38 778 915 35 229 828 36 767 132 36 815 104 35 585 635 32 390 962 32 333 965
EBITDA (€) 3 660 266 3 492 206 1 375 604 -377 399 1 593 877 588 477 975 411
Operating profit (€) 2 842 123 2 348 727 353 145 -1 597 233 380 388 328 815 441 965
Net profit (€) 1 326 946 801 040 893 262 -1 196 000 861 042 846 755 710 027
Turnover growth rate (%) 5,3 0,7 3,6 - 2,4 -2,9 -
Ebitda margin rate (%) 6,6 6,6 2,6 -0,7 3,2 1,2 1,9
Operating margin rate (%) 5,1 4,5 0,7 -3,2 0,8 0,7 0,9
Working Capital (turnover days) 85,8 87,4 87,1 75,9 62,5 52,1 38,9
Working Capital requirements (turnover days) 116,5 131,5 139,4 144 113,3 105 114,7
Net margin (%) 2,4 1,5 1,7 -2,4 1,7 1,7 1,4
Added value / Turnover (%) 36,1 34,5 36 34,3 36,9 34,9 33,7
Wages and social charges (€) 15 642 333 13 746 623 16 529 494 17 332 300 16 183 331 15 684 085 15 304 492
Salaries / Turnover (%) 28,2 26,1 31,6 34,3 32 31,8 30,1

Company Managers:

Position First Name Last Name Age Linkedin
Commissaire aux comptes suppléant Danielle VESQUE
Commissaire aux comptes titulaire Claude FARO

Studies mentioning this company

The organic textile market - France

Other companies mentioned:

The workwear market - Italy

Other companies mentioned:

The workwear market - France

Other companies mentioned: