Turnover: 39.7 million USD (2022)

Country: France

Blue Solutions specializes in the manufacture of industrial batteries for electrically propelled vehicles.

News

Blue Solutions and Forsee Power join forces in all-solid batteries 07/05/2023

  • Market launch of all-solid battery systems scheduled for 2026
  • Main target sector: heavy-duty vehicles
  • Current Blue Solutions installed capacity: 0.6 GWh
  • Global market for batteries for commercial and industrial vehicles estimated at 15 billion euros in 2027

Blue Solutions pushes the limits of all-solid-state lithium metal batteries 09/12/2022

  • Blue Solutions implements a solid polymer electrolyte using thin-film stacking
  • This lithium-metal-polymer technology has been developed by the Bolloré Group since 2011 for RATP buses.
  • Plants in Ergué-Gabéric (Finistère) and Canada
  • Blue Solutions' goal is to make this technology widely available for individual cars
  • Investment of 145 million euros in R&D over three years Company workforce 500 people

Blue Solutions is a company belonging to the Bolloré Group, specializing in the manufacture of lithium batteries. In addition, it is developing plastic film and electric vehicle (Blue Car) production activities.

The company has developed a special technology, LMP, manufactured without solvents, rare earths or cobalt, making it more environmentally friendly.

The company is listed on the stock exchange, but is over 95% owned by the Bolloré family, with only 4.5% still floating.

Financial Data

DUNS: 421090051

Legal Name: BLUE SOLUTIONS

Address: ODET , 29500 ERGUE-GABERIC

Number of employees: Entre 200 et 249 salariés (2020)

Capital: 116 652 264 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 80 022 696 39 415 103 26 586 000 36 002 000 80 000 000 111 501 000 124 189 000
Gross margin (€) 26 169 015 4 162 900 13 290 000 26 205 000 37 547 000 47 191 000 -
EBITDA (€) -9 844 289 -25 994 761 -17 587 000 -8 651 000 1 087 000 9 483 000 -
Operating profit (€) -42 385 523 -37 878 493 -28 612 000 -18 990 000 -10 137 000 -1 964 000 -
Net profit (€) -31 828 474 -39 088 100 -16 209 000 -12 033 000 -3 000 000 7 897 000 5 151 000
Turnover growth rate (%) 103 48,3 -26,2 -55 -28,2 -10,2 -
Ebitda margin rate (%) -12,3 -66 -66,2 -24 1,4 8,5 -
Operating margin rate (%) -53 -96,1 -107,6 -52,7 -12,7 -1,8 -
Working Capital (turnover days) 123,8 439,8 1 119,8 972,8 469,1 -4,2 -
Working Capital requirements (turnover days) 107,2 267,5 54,3 54,9 44,7 26,8 -
Net margin (%) -39,8 -99,2 -61 -33,4 -4,5 7,1 -
Added value / Turnover (%) 2,6 -16,9 15 37,6 29,1 29,3 -
Wages and social charges (€) 18 110 062 17 911 843 19 760 000 19 844 000 19 621 000 19 988 000 -
Salaries / Turnover (%) 22,6 45,4 74,3 55,1 24,5 17,9 -

Company Managers:

Position First Name Last Name Age Linkedin
Président Richard BOUVERET 52

Studies mentioning this company

The electric cars market - France

Other companies mentioned:

The battery market - France

Other companies mentioned:

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