Turnover: 7 million EUR (2022)

Country: France

Christophe Michalak has developed a network of pastry shops

Christophe Michalak has created masterclasses dedicated to patisserie, focusing on chocolate, millefeuille and praline desserts, with courses available to enthusiasts in Paris and elsewhere. The Masterb Classes generate sales of around 0.5 million euros.

News

Michalak gives up his brand to develop it. 07/02/2023

  • Didier Tabary, the man behind the worldwide status acquired by Filorga, the hyaluronic acid-based anti-wrinkle brand which will be sold to Colgate Palmolive in 2019, takes a 70% stake in the company founded by Christophe Michalak and his wife
  • Didier Tabary is the owner of Laboratoire SVR, Lazartigue and Le Couvent, a perfume house (ex-Couvent des Minimes)
  • Christophe Michalak has opened 3 high-end pastry shops and a bakery in Paris, and is present in Japan
  • Current sales of Michalak Paris: 6 to 7 million euros
  • Objective to triple or quadruple sales within 5 years, with expansion into South Korea, mainland China and the Middle East

Financial Data

DUNS: 811165752

Legal Name: KOSMIK AND CO

Address: 60 RUE DU FBG POISSONNIERE , 75010 PARIS 10

Number of employees: Entre 20 et 49 salariés (2020)

Capital: 10 000 EUR


Financial Data:

Year 2022 2018 2017 2016 2015
Turnover 7 122 947 3 759 817 2 389 407 2 236 912 1 015 295
Gross margin (€) 5 715 099 2 523 318 1 738 830 1 349 164 761 853
EBITDA (€) 1 537 872 167 598 301 730 125 603 77 202
Operating profit (€) 1 371 872 10 891 163 536 43 786 46 823
Net profit (€) 1 006 255 -13 508 121 315 23 546 21 024
Turnover growth rate (%) 126,3 57,4 6,8 - -8,6
Ebitda margin rate (%) 21,6 4,5 12,6 5,6 7,6
Operating margin rate (%) 19,3 0,3 6,8 2 4,6
Working Capital (turnover days) 14,2 -37,8 -50,1 -27,7 81,2
Working Capital requirements (turnover days) -4,4 -45,9 -75 -40,5 89,4
Net margin (%) 14,1 -0,4 5,1 1,1 2,1
Added value / Turnover (%) 53,8 46,4 48,9 36,2 43,7
Wages and social charges (€) 2 248 243 1 373 737 877 768 658 280 359 108
Salaries / Turnover (%) 31,6 36,5 36,7 29,4 35,4

Company Managers:

Position First Name Last Name Age Linkedin
Président Christophe, Edouard Michalak 50

Studies mentioning this company

The bakery and pastry market - France

Other companies mentioned: