Turnover: 482 million EUR (2022)

Country: France

  • Palettes Gestion Services is France's leading pallet manufacturer, with over 10 sawmills in France and Spain
  • PGS (Palette Gestion Services) was founded in 1993
  • through its subsidiary PGS Reverse, the group offers pallet logistics management services, as well as harvesting and sawing the wood needed to manufacture pallets.
  • PGS has an annual sawing capacity of 695,000 m3.
  • Through its 19 production sites in Europe (including 15 in France), PGS has a production capacity of 25 million new pallets and 14 million reconditioned pallets.
  • It operates in 8 countries and employs over 800 people.

News

France's leading pallet manufacturer acquires competitor Hoekman Houtindustrie 20/01/2024

  • PGS, a French group specializing in wooden pallets, recently acquired the Dutch company Hoekman Houtindustrie.
  • Hoekman Houtindustrie achieved sales of €14.7 million in 2022.
  • Hoekman Houtindustrie employs 34 people.
  • PGS now has two sites in the Netherlands, one in the south near the Belgian border and the other in the northeast.
  • PGS claims to be the European leader in new and reconditioned wooden pallets.
  • PGS has forecast sales of 482 million euros for 2022.
  • PGS currently employs 900 people. PGS is present on 50 sites.

PGS strengthens its vertical integration 10/01/2024

  • PGS, founded in 1993, is Europe's leading provider of reverse logistics services and new and reconditioned pallets.
  • The company has 50 sites in 10 countries.
  • It employs 900 people. PGS achieved sales of 482 million euros in 2022.
  • The company acquired a 50% stake in Ide Group, a Belgian sawmill.
  • Ide Group, founded in 1984, is based in Zulte, Belgium.
  • The company employs 65 people.
  • Ide Group has sales of 28 million euros.

PGS: Jean-Louis Louvel is Entrepreneur of the Year 21/10/2023

  • Year PGS was founded: 1993
  • PGS position: European leader in new and reconditioned pallets
  • Number of PGS employees: 900
  • PGS annual production: 25 million new pallets
  • PGS annual pallet repairs: 20 million
  • PGS sales in 2022: 482 million euros
  • Number of PGS sites: 40
  • PGS is present in 9 countries.

A new takeover for PGS 06/05/2023

  • PGS sales for fiscal year 2022: 500 million euros
  • Number of PGS employees: 850
  • Number of PGS sites in seven countries: 42
  • The pallet specialist has acquired Nord recyclage service, a reconditioner based in Douvrin
  • Nord recyclage service (NRS) sales in 2022: 10 million euros
  • Workforce: 23

Financial Data

DUNS: 391208287

Legal Name: PALETTES GESTION SERVICES

Address: RUE MICHEL POULMARCH CTRE MULTIMARCHANDISES, 76800 SAINT-ETIENNE-DU-ROUVRAY

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

Capital: 25 000 000 EUR


Financial Data:

Year 2020 2019 2018 2017 2016 2015
Turnover 15 635 679 15 848 737 16 708 130 16 008 930 17 835 620 22 371 251
Gross margin (€) 11 823 206 12 763 894 13 001 825 11 291 150 10 583 573 9 049 568
EBITDA (€) 1 301 805 521 172 558 803 458 560 497 592 384 841
Operating profit (€) 1 126 155 268 746 233 907 235 259 199 711 101 734
Net profit (€) 4 016 407 2 917 378 2 964 550 2 505 550 2 454 420 2 387 311
Turnover growth rate (%) -1,3 -5,1 4,4 -10,2 -20,3 -
Ebitda margin rate (%) 8,3 3,3 3,3 2,9 2,8 1,7
Operating margin rate (%) 7,2 1,7 1,4 1,5 1,1 0,5
Working Capital (turnover days) 104,6 255,8 206,3 38,3 13,6 -18,1
Working Capital requirements (turnover days) 10,1 114,6 82,5 120,6 76,8 63,6
Net margin (%) 25,7 18,4 17,7 15,7 13,8 10,7
Added value / Turnover (%) 27,8 24,9 25 26,7 26,2 19,7
Wages and social charges (€) 2 910 768 3 270 931 3 514 835 3 693 802 3 930 074 3 875 343
Salaries / Turnover (%) 18,6 20,6 21 23,1 22 17,3

Company Managers:

Position First Name Last Name Age Linkedin
Directeur général Luc, Marcel Grauwet 51
Directeur général Jean-louis, Thierry Louvel 57
Directeur général Michael, Arnaud Modugno 51

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