Turnover: 3.4 billion EUR (2021)
Country: Germany
- Vorwerk, headquartered in Wuppertal, Germany, is an international group
- Its core business is the sale of household appliances (vacuum cleaners), fitted kitchens and cosmetics.
- Its best-known product worldwide is the Thermomix, launched in 1971.
News
A good Franco-German recipe from Thermomix 28/12/2023
- In the Eure-et-Loir village of Cloyes-les-Trois-Rivières, the Vorwerk factory has been manufacturing Thermomix, the famous food processor, for fifty years
- The first Thermomix came out of the Cloyes factory in 1971. It now produces between 5,000 and 8,000 every day.
- More than a million units produced every year.
- Sales for Vorwerk's Thermomix division rise from 1.26 billion euros in 2019 to 1.72 billion in 2022.
- Number of independent sales advisors: 93,000 worldwide, including 10,000 in France
- Vorwerk family group: sales of 3.2 billion euros in 2022.
- 9,300 employees, including 1,100 in France.
- Thermomix is sold in 60 countries
Vorwerk launches new services and accessories 28/09/2022
- 2021 Vorwerk sales €3.4 billion, more than half of which in Europe and €272 million in France
- Thermomix price increased by €40 this summer
- Made in Eure-et-Loir, Thermomix continues to claim to be made in France
- A second plant is under construction in the Eure-et-Loir region.
Vorwerk to open second plant in France 18/07/2022
- Investment of 57 million euros 74 people to be recruited
- Thermomix manufacturer to invest 57 million euros in a second plant in Donnemain-Saint-Mamès, Eure-et-Loir, France
- Vorwerk also operates seven stores in France
- 2021: sales of 3.4 billion euros
Second Thermomix plant to open in Eure-et-Loir 11/07/2022
- The company employs around 2,000 people in France and 11,000 independent sales advisors
- 57 million euros will be invested in the site, which will employ 74 people
- In 2021, Vorwerk posted record sales of 3.4 billion euros, driven in particular by sales of its food processor manufactured in France at the Cloyes-sur-le-Loir site
A second Thermomix robot production plant in France for Germany's Vorwerk 11/07/2022
- The purchase price for the Donnemain-Saint-Mamès plant, near Châteaudun, amounts to over 57 million euros
- By 2021, Thermomix sales had risen by 7.1% to 1.7 billion euros, or half the German manufacturer's sales of 3.4 billion euros
- The robot is distributed by a global network of 11,000 advisors
Financial Data
DUNS: 622028777
Legal Name: VORWERK FRANCE
Address: 539 route de Saint-Joseph , 44300 Nantes
Number of employees: Plus de 10 000 salariés (2020)
Capital: 1 635 200 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 271 491 807 | 253 284 489 | 215 354 931 | 224 688 781 | 280 109 186 | 319 180 335 | 276 995 717 |
| Gross margin (€) | 173 222 778 | 138 679 585 | 128 920 310 | 137 304 620 | 151 958 999 | 156 079 447 | 139 881 031 |
| EBITDA (€) | -4 224 018 | 9 754 499 | 8 221 768 | 5 536 247 | 14 503 376 | 11 418 229 | 10 871 518 |
| Operating profit (€) | -10 520 846 | 5 459 707 | 3 536 037 | 1 297 928 | 11 192 726 | 9 393 073 | 3 641 343 |
| Net profit (€) | 2 213 810 | 1 619 077 | 3 265 644 | 4 674 146 | 7 754 489 | 6 395 667 | 1 866 459 |
| Turnover growth rate (%) | 7,2 | 17,6 | -4,2 | -19,8 | -12,2 | 15,2 | - |
| Ebitda margin rate (%) | -1,6 | 3,9 | 3,8 | 2,5 | 5,2 | 3,6 | 3,9 |
| Operating margin rate (%) | -3,9 | 2,2 | 1,6 | 0,6 | 4 | 2,9 | 1,3 |
| Working Capital (turnover days) | -2,7 | -6,1 | -0,1 | -4 | 9,7 | -11,6 | -11,4 |
| Working Capital requirements (turnover days) | 7,9 | 14,1 | 26 | 43 | 48,7 | -4,5 | -10,3 |
| Net margin (%) | 0,8 | 0,6 | 1,5 | 2,1 | 2,8 | 2 | 0,7 |
| Added value / Turnover (%) | 34,6 | 32,3 | 34 | 33,5 | 32,7 | 28,5 | 29,6 |
| Wages and social charges (€) | 89 303 576 | 65 604 625 | 60 104 069 | 64 493 974 | 73 578 680 | 74 575 198 | 65 985 472 |
| Salaries / Turnover (%) | 32,9 | 25,9 | 27,9 | 28,7 | 26,3 | 23,4 | 23,8 |
Studies mentioning this company
The food processor market - France
Other companies mentioned:
- SEB Groupe
- Vorwerk Thermomix
- Darty
- Magimix
- Moulinex (Seb Groupe)
- Kenwood (De Longhi Group)
- Russel Hobbs
The cookware market - France
Other companies mentioned:
- Mastrad
- Pyrex
- Brandt
- Whirlpool
- Magimix
- Culinarion (EK France)
- Maison française du Verre (ex International Cookware)
- Robur Molinel
- Electrolux
- Vorwerk Thermomix
- DeLonghi
- Miele
- Duralex (Maison Française du Verre)
- Tramontina France
- Forge de l'Adour (SEB Groupe)
- Peugeots Saveurs
- Zwilling Staub
- Mathon (Labruyère groupe)
- Opinel
- Sushi Robots
- Sofilac Charvet (Seb groupe)
- Lebrun Groupe
- La Cornue
The kitchen utensils market - Spain
Other companies mentioned:
- Seb Iberica
- Solac
- Tristar
- Jata
- Edesa Industrial
- Philips Espagne
- Spectrum Brands Espagna
- DeLonghi
- Vorwerk Thermomix
- El Corte Inglés
- Ikea Espagne
- Alcampo
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