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

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