Turnover: 1.4 billion EUR (2023)

Country: France

Krys Group is a group of French optical chains with 1,450 outlets.

In addition to Krys, the Group has three other banners: Vision Plus, launched in 1982, Lynx Optique, acquired in 2003, and Krys Audition.

  • Krys is the Group's flagship brand, with 950 stores in France and sales of around €1 billion.
  • Krys Audition sells solutions for hearing problems (180 hearing centers, sales of around €40 million)
  • Vision Plus and Collectif des lunettiers (400 stores)
  • Lynx optique

Number of stores, 1533, including 1481 in France

Optics sales: 1.2 billion; Hearing sales: 39.7 million

Market share in France is 16.5%

News

Krys Group puts the finishing touches to the modernization of its Bazainville plant 08/03/2024

  • -Investment in expansion and modernization program: 23 million euros
  • - Post-renovation manufacturing capacity increase: 30%
  • - Planned production capacity: 1.8 million units per year
  • - Krys Group sales in 2023: €1.265 billion
  • - Number of associates: around 900, representing 1,600 points of sale
  • - Supplying around a thousand independent opticians
  • - Krys Group plans to open 400 additional stores by 2028.

Krys group: innovations for the ecological transition 06/02/2024

  • Codir, a subsidiary of Krys Group, grouping together its industrial and logistics activities, will produce 1.4 million lenses by 2021
  • The subsidiary employs 330 people
  • Krys Group generates sales of 1.2 billion euros, and has 1,533 stores in France, as well as around 50 in Belgium, Poland and Morocco.
  • With its two other banners, Le Collectif des lunetiers and Lynx Optique, the Group has a 16.5% market share in France.
  • Its ambition is to open a further 400 outlets by 2028.
  • Over the past ten years, it has expanded into the hearing sector, with 277 centers.

Optician Krys Group expands its French plant and frees itself from Asia 27/06/2023

  • 1,533 Krys stores worldwide
  • The cooperative moves into the production of advanced lenses such as progressive lenses
  • Basic lenses sourced in Europe (Hungary, Czech Republic)
  • Frames: 50% from Europe, 50% from Asia
  • Bazainville plant created in 1998
  • 400,000 high value-added lenses relocated to France
  • Investment: 16 million euros
  • Production forecast: 1.4 to 1.8 million lenses per year
  • Lens edging capacity: up to 3.5 million lenses
  • Krys produces 25% to 30% of the lenses sold by its opticians Krys Group is the French market leader

In the optics marketKrys Group goes from strength to strength 22/03/2023

  • Combined sales of Krys Group's optical and hearing care businesses: €1.265 billion
  • - Krys Group optical market share: 16.5
  • - Number of Krys Group stores by the end of 2022: 1,533
  • - Number of Krys Group employees: 6,000
  • - Krys Group investment plan: 23 million euros
  • - Number of lenses produced at the Bazainville industrial site by 2023: 1.8 million
  • - Number of lenses diverted from the Bazainville industrial site by 2023: 3.5 million

Krys modernizes its image and changes its logo 06/02/2023

  • around 1,000 stores in France

Financial Data

DUNS: 325061844

Legal Name: KRYS GROUP SERVICES EXPANSION

Address: 65 RUE DES 3 FONTANOT , 92000 NANTERRE

Number of employees: Entre 3 et 5 salariés (2020)

Capital: 5 742 221 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 2 718 000 4 337 000 3 506 000 3 067 283 2 382 000 1 591 000 1 119 197
Gross margin (€) 758 000 844 000 868 000 820 506 690 575 000 -
EBITDA (€) -149 000 -383 000 -157 000 -75 484 -50 -60 000 -
Operating profit (€) -197 000 -408 000 -230 000 -98 593 -125 -91 000 -
Net profit (€) -171 000 -345 000 -119 000 -50 625 -84 000 -9 000 178 119
Turnover growth rate (%) -37,3 23,7 14,3 28,8 49,7 42,2 -
Ebitda margin rate (%) -5,5 -8,8 -4,5 -2,5 -2,1 -3,8 -
Operating margin rate (%) -7,2 -9,4 -6,6 -3,2 -5,2 -5,7 -
Working Capital (turnover days) -639,2 -48,9 -30,1 138,2 -4,5 339,6 -
Working Capital requirements (turnover days) -71,2 -31,6 -45,1 -35 -35,9 -52,5 -
Net margin (%) -6,3 -8 -3,4 -1,7 -3,5 -0,6 -
Added value / Turnover (%) 2,8 -4,7 1,3 4,3 5,9 9,8 -
Wages and social charges (€) 213 000 174 000 196 000 192 729 188 190 000 -
Salaries / Turnover (%) 7,8 4 5,6 6,3 7,9 11,9 -

Company Managers:

Position First Name Last Name Age Linkedin
Président du conseil d'administration, Directeur général, Administrateur Frédéric MAZEAUD 52

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