Turnover: 3.875 million EUR (2017)

Country: France

George Cannon is a French tea house founded in Marseilles in 1898. Initially, it produced a limited selection of around ten products for a luxury clientele. Today, George Cannon offers a repertoire of over 250 products from China, India, Sri Lanka, Formosa and Japan.

The company markets over 250 tonnes of tea, and specializes in top-of-the-range organic tea. source(Official website)

may 9, 2016 - Some key figures for the brand - source(envouthé)

  • 250 tonnes of tea per year
  • 2% global market share
  • 20% market share in France for loose tea
  • 23 employees at the Trappes site (2500m2 of warehouses)

Undated - Tea margins - source(lejournalduweb)

  • Tea margins between 50 and 60% according to Olivier Scala
  • 35% of George Cannon's sales are exported

George Cannon is a family business. The current directors are part of the 6th generation.(source)

Financial Data

DUNS: 572106102

Legal Name: ETABLISSEMENTS GEORGE CANNON

Address: 25 B AV GEORGES POLITZER ZA TRAPPES ELANCOURT, 78190 TRAPPES

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

Capital: 252 525 EUR


Financial Data:

Year 2020 2019 2018 2017 2016 2015
Turnover - - - 3 875 174 3 961 198 -
Gross margin (€) - - - 2 496 544 - -
EBITDA (€) - - - 237 632 - -
Operating profit (€) - - - 192 934 - -
Net profit (€) -277 843 192 480 -84 682 175 167 191 804 247 360
Turnover growth rate (%) - - - -2,2 - -
Ebitda margin rate (%) - - - 6,1 - -
Operating margin rate (%) - - - 5 - -
Working Capital (turnover days) - - - 165,2 - -
Working Capital requirements (turnover days) - - - 175,4 - -
Net margin (%) - - - 4,5 - -
Added value / Turnover (%) - - - 41,4 - -
Wages and social charges (€) - - - 1 340 761 - -
Salaries / Turnover (%) - - - 34,6 - -

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