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

Turnover: 1.5 billion EUR (2023)

Country: France

Biocoop, France's leading organic food retailer, was founded in Paris in 1987. The company will have 750 stores by 2021, with an average of 60 store openings a year since 2016.

News

Biocoop announces the end of the organic crisis 08/03/2024

- Organic prices are on average 50% higher than those of conventional products.
- Sales of organic products plunged by 4% in France in 2022, and by 13% in major supermarket chains in the first half of 2023.
- Biocoop sales grew by 2.3% in 2023.
- Biocoop gained 2 points of market share among specialists, reaching 45% in 2023.
- Biocoop closed 39 of its 298 stores in 2023.

Optimistic for the future, Biocoop announces encouraging results 08/03/2024

Organic cooperative chain sales: 1.5 billion euros
- Sales up: 2.3% (+3.1% at constant base)
- Volume contraction: 4 to 5%
- Biocoop market share: up 2 points to 43.9%
- Number of Biocoop stores: 739 by the end of 2023
- Number of Biocoop employees: 6,600
- Number of Biocoop store closures: 39
- Number of Biocoop store openings: 13 - 87% of Biocoop's products come from France

Distribution: Biocoop capitalizes on its pricing strategy | Biocoop: a winning pricing strategy 25/10/2023

Biocoop's sales represent 43.8% of the market for specialist organic stores.
Eight new Biocoop outlets have opened since the beginning of the year. Source: Circana.

Biocoop: 740 stores and 3,500 partner farms. 11/09/2023

Biocoop is France's leading network specializing in the distribution of organic produce
Biocoop has over 740 stores and 3,500 partner farms
The chain achieved sales of 1.4 billion euros in 2022, down 6%
The French organic market enjoyed double-digit growth for ten years before declining in 2022 due to inflation.

Why Biocoop hopes to profit from inflation 21/03/2023

Organic sales plunged by 12% in 2022 among specialists and by 7% on hypermarket shelves.
- The cooperative of retailers and producers, which accounts for half the sector, lost just 6%.
- In France, over two hundred (222) organic stores closed last year. Around a hundred opened.
- Biocoop, a network of 765 stores, gained ground on its rivals Naturalia, La Vie Claire and So Bio, a Carrefour subsidiary
- Biocoop experienced 35 store closures, offset by 40 store openings.
- Biocoop has announced the opening of 7 new outlets, and its president predicts that a further 40 outlets will close, representing around 5% of the network (765 units).
- In 2022, Biocoop, which has developed a range of 130 branded products with reduced margins, saw average prices rise by 6%.

Despite a sluggish market, Biocoop stays on course 09/11/2022

Organic market among specialists down sharply - 13% (vs. -4.8% among generalists)
Biocoop occupies 45% of the specialist segment
190 specialist stores closed and only 140 opened in one year

Financial Data

DUNS: 382891752

Legal Name: BIOCOOP

Address: 12 AV RAYMOND POINCARE , 75116 PARIS 16

Number of employees: Entre 1 000 et 1 999 salariés (2021)

Capital: 18 500 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016
Turnover	867 240 972	918 528 699	930 725 748	811 440 144	710 905 164	643 996 247	561 911 549
Gross margin (€)	173 238 333	177 559 739	182 743 101	167 789 746	149 295 215	133 515 427	117 126 702
EBITDA (€)	8 615 639	10 163 675	13 126 631	9 958 966	12 993 562	11 942 597	11 507 334
Operating profit (€)	3 836 485	7 929 254	10 097 487	9 405 396	9 406 533	9 816 585	9 302 454
Net profit (€)	4 941 134	6 042 375	5 815 761	2 897 851	5 202 132	5 739 320	4 962 663
Turnover growth rate (%)	-5,6	-1,3	14,7	14,1	10,4	14,6	24,6
Ebitda margin rate (%)	1	1,1	1,4	1,2	1,8	1,9	2
Operating margin rate (%)	0,4	0,9	1,1	1,2	1,3	1,5	1,7
Working Capital (turnover days)	11,7	14,1	13,7	13,5	8,2	6,1	7,9
Working Capital requirements (turnover days)	10,2	13,2	11,4	11,4	7,7	8,5	11,7
Net margin (%)	0,6	0,7	0,6	0,4	0,7	0,9	0,9
Added value / Turnover (%)	8,4	8,4	8,4	8,7	9,7	9,9	10,4
Wages and social charges (€)	58 888 763	62 533 673	59 522 582	55 383 145	50 930 757	47 090 419	42 302 155
Salaries / Turnover (%)	6,8	6,8	6,4	6,8	7,2	7,3	7,5

Company Managers:

Position	First Name	Last Name	Age
Président du conseil d'administration	Henri	Godron	55
Directeur général	Patrick, Pierre	Ribot	58
Administrateur	Pierrick	De Ronne	43
Administrateur	Valerie, Helene, Therese	Belon	52
Administrateur	Christelle, Constance	Garnier	56
Administrateur	Emilie, Agnes, Helene	Gatti	42
Administrateur	Christelle	Moussa	28
Administrateur	Mathieu	Lancry	53
Administrateur	Matthieu, Christian, Maurice	Perouse	45
Administrateur	Farid, Jean	Djouad	49
Administrateur	Frederic	Faure	46
Administrateur	Anne, Cecile, Francoise	Cherrier	46