BUT International: The latest figures, news and market research on BUT International

Turnover: 2.1 billion EUR (2020)

Country: France

Founded in 1972 by André Venturini, BUT is a French company specializing in furniture and decoration, household appliances and hi-fi equipment.
BUT is owned by the Mobilux group, which also owns Conforama
The group is Europe's leading furniture retailer.
BUT has 320 outlets in France, mainly franchises, as well as an e-commerce site.
BUT stores offer a wide range of home equipment, including furniture, bedding, sofas, small and large appliances, as well as sound and image products. They can be purchased directly in-store, delivered to the consumer's home or ordered online. It is also possible to check the availability of products online in the nearest store

But takes a 70% stake in decorating website Drawer 06/04/2022

But takes a 70% stake in Drawer, an online sales site created by Valérie and Guillaume Spriet.
the site features 6,500 But product references.
The new entity will create a group with sales of 3.5 billion euros and 460 stores.
4000 items of furniture and objects sourced from around the world.

november 13, 2020 - But and Conforma join forces - source(Capital)

But's parent company has acquired Conforama
The two chains could dethrone Ikea in the French furniture market, with a market share of almost 19%.
40% of products sold by But are produced in France
70% of suppliers are common to both brands
Objective: increase kitchen sales by 7% to 10%
But's challenge: to modernize and revitalize Conforama, which has been suffering for years

DUNS: 722041860

Legal Name: BUT INTERNATIONAL

Address: 1 AV SPINOZA ZAC DE MALNOUE, 77184 EMERAINVILLE

Number of employees: Entre 5 000 et 9 999 salariés (2020)

Capital: 131 772 276 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016
Turnover	2 122 104 282	2 118 739 403	1 686 836 305	1 770 894 018	1 640 528 389	1 534 519 266	1 515 666 322
Gross margin (€)	1 008 174 059	990 913 993	734 217 863	772 457 730	689 151 398	640 548 223	-
EBITDA (€)	209 293 721	230 717 131	92 693 029	84 241 413	34 901 455	41 913 844	-
Operating profit (€)	178 377 626	198 040 834	58 683 860	49 727 553	3 704 570	-11 891 703	-
Net profit (€)	72 010 363	122 833 026	-61 540 008	19 441 280	-20 947	37 756 515	25 131 537
Turnover growth rate (%)	0,2	25,6	-4,7	7,9	6,9	1,2	-
Ebitda margin rate (%)	9,9	10,9	5,5	4,8	2,1	2,7	-
Operating margin rate (%)	8,4	9,3	3,5	2,8	0,2	-0,8	-
Working Capital (turnover days)	-29,9	-28,1	-43	-32,8	-27,2	-4,9	-
Working Capital requirements (turnover days)	17,4	19,7	17,1	21,1	25,6	26,3	-
Net margin (%)	3,4	5,8	-3,6	1,1	-	2,5	-
Added value / Turnover (%)	25,1	26	22,5	21,5	19,5	19,4	-
Wages and social charges (€)	315 648 162	299 321 827	253 860 026	268 083 398	254 246 024	231 460 699	-
Salaries / Turnover (%)	14,9	14,1	15	15,1	15,5	15,1	-