Picard Surgelés: The latest figures, news and market research on Picard Surgelés

Turnover: 1.685 billion EUR (2022)

Country: France

Picard Surgelés is a French food company founded in 1973, specializing in the manufacture and distribution of frozen foods.
Picard has 1,070 stores in France, and opens an average of 30 new stores a year.
The company is present in Belgium with 17 stores
7000 employees

Picard has reinvented itself in three strategic moves 23/09/2023

Picard currently has over 1,050 stores.
Forty store openings are expected by 2026, including 25 franchises in towns of 10,000 inhabitants.
Internationally, Picard has set up a dozen corners in Marks & Spencer stores in the United Arab Emirates, Qatar and Hong Kong.
The company has partnered with Chronofresh for home delivery throughout France, and has set up a home delivery service in under 15 minutes with Deliveroo.
The click & collect service has been extended to all stores since November 2021.
The company has begun distributing non-frozen products, including savory and sweet groceries and wine.

Picard takes a new path 20/08/2023

The Picard chain is 49% owned by Moez-Alexandre Zouari
Sales of 1.7 billion euros by 2022
In 2024, Moez-Alexandre Zouari may exercise an option to take full control of Picard, currently 51% owned by Lion Capital.

Picard: prepaid payment card for young people 14/09/2022

april 12, 2021 - Picard returns to the oven - source(Challenges)

Brand focused on frozen foods
Sales up 15% in 2020
Target of 2 billion euros in sales by 2025 (increase in online sales and opening of 200 stores)

DUNS: 784939688

Legal Name: PICARD SURGELES

Address: 1 RTE MILITAIRE , 77300 FONTAINEBLEAU

Number of employees: Entre 5 000 et 9 999 salariés (2021)

Capital: 2 485 858 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2016	2015
Turnover	1 685 157 526	1 770 112 576	1 502 116 133	1 414 970 583	1 436 502 045	1 385 185 135	1 357 268 598	1 332 002 778
Gross margin (€)	739 720 722	771 977 153	656 039 334	618 527 452	628 453 179	601 916 318	589 847 784	-
EBITDA (€)	262 649 319	290 590 576	219 910 205	208 837 403	216 574 527	214 813 167	204 604 783	-
Operating profit (€)	218 411 045	250 447 659	181 463 555	171 149 547	182 724 887	185 125 290	173 934 414	-
Net profit (€)	138 346 077	152 634 829	105 445 741	102 861 920	101 744 528	111 008 685	99 814 128	95 485 503
Turnover growth rate (%)	-4,8	17,8	6,2	-1,5	3,7	2,1	-	-
Ebitda margin rate (%)	15,6	16,4	14,6	14,8	15,1	15,5	15,1	-
Operating margin rate (%)	13	14,1	12,1	12,1	12,7	13,4	12,8	-
Working Capital (turnover days)	-26,5	-28,9	-28	-21,3	-26,1	-26,4	-30,3	-
Working Capital requirements (turnover days)	-18,7	-21,4	-20,9	-16,6	-19,6	-20,2	-23,3	-
Net margin (%)	8,2	8,6	7	7,3	7,1	8	7,4	-
Added value / Turnover (%)	27,8	28,4	27,5	27,3	27,6	27,6	27,3	-
Wages and social charges (€)	180 745 477	180 849 422	167 269 255	152 183 273	153 622 127	142 105 804	141 415 811	-
Salaries / Turnover (%)	10,7	10,2	11,1	10,8	10,7	10,3	10,4	-