Turnover: 20.47 billion USD (2020)

Country: United States

The American Lear Group is the world's second-largest automotive seating manufacturer. Accumulating heavy debts in 2009, Lear filed for Chapter 11 bankruptcy protection in order to begin restructuring. The closure of its Lagny-le-Sec plant and the transfer of activity to its Cergy (Val-d'Oise) site enabled it to move closer to its customer PSA, who wanted "just-in-time" deliveries.

Financial Data

DUNS: 393110903

Legal Name: LEAR CORPORATION FRANCE

Address: 13 AVENUE MORANE SAULNIER VELIZY ESPACE LE MERMOZ, 78140 VELIZY-VILLACOUBLAY

Number of employees: Entre 50 et 99 salariés (2021)

Capital: 19 862 630 EUR


Financial Data:

Year 2022 2021 2020 2019 2018 2017 2016 2015
Turnover 24 033 724 19 474 580 17 308 717 18 985 430 24 730 373 28 787 742 38 589 307 27 158 766
Gross margin (€) 20 483 453 20 594 873 16 593 050 18 543 534 23 855 442 26 476 011 29 564 291 -
EBITDA (€) 75 191 -302 692 -114 087 -2 000 -3 920 891 139 133 2 045 307 -
Operating profit (€) 618 415 259 674 -314 412 -210 637 -4 051 132 -312 284 2 077 515 -
Net profit (€) -32 041 739 29 719 917 -5 586 323 -1 838 793 -22 798 630 -2 040 884 1 566 750 -3 852 084
Turnover growth rate (%) 23,4 12,5 -8,8 -23,2 -14,1 -25,4 42,1 -
Ebitda margin rate (%) 0,3 -1,6 -0,7 - -15,9 0,5 5,3 -
Operating margin rate (%) 2,6 1,3 -1,8 -1,1 -16,4 -1,1 5,4 -
Working Capital (turnover days) 479 402,3 70,3 266,1 253,6 90,1 585,5 -
Working Capital requirements (turnover days) 246,2 233,6 120,5 106,1 29,9 21,1 33,1 -
Net margin (%) -133,3 152,6 -32,3 -9,7 -92,2 -7,1 4,1 -
Added value / Turnover (%) 53,2 62,6 58,5 52,7 41,5 51 48,1 -
Wages and social charges (€) 12 303 876 12 112 605 9 813 601 9 600 822 13 662 814 13 911 081 15 821 291 -
Salaries / Turnover (%) 51,2 62,2 56,7 50,6 55,2 48,3 41 -

Company Managers:

Position First Name Last Name Age Linkedin
Président Ian Hickman 56
Directeur général Alexandre Brue 60

Studies mentioning this company

The car seat market - France

Other companies mentioned:

  • Forvia (ex Faurecia)
  • Lear
  • Recaro
  • Antolin Grupo
  • Graco
  • Britax Puriculture
  • TeamTex
  • Newell Brands
  • Goodbaby International
  • Artsana Groupe (Chicco)
  • Diono
  • Maxi-Cosi (Dorel Groupe)
  • Outlander Joie baby