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Fromageries BEL

  • Revenue€3.5 BFY, 2020
  • Market Capitalization€3.7 B2021-11-10

OverviewSuggest Edit

Fromageries Bel produces and retails cheese in Western Europe, Northern and Eastern Europe, the Americas, the Asia-Pacific, Greater Africa, and the Middle East. The company offers its products under 5 core brands, including Mini Babybel, Boursin, Kiri, Leerdammer, and The Laughing Cow, as well as under approximately 25 local and international brands. It also provides institutional catering services to hospitals and company canteens; and commercial catering services to fast food restaurants, vending machine operators, train stations, airports, etc. In addition, the company markets and sells prepared dairy proteins to meet the needs of food industry customers who make products, such as ice cream, yogurt, and other foods that use dairy products under the Nollibel name. The company was founded in 1865 and is headquartered in Suresnes, France. Fromageries Bel is a subsidiary of Unibel SA.
TypePublic
Founded1865
HQSuresnes, FRMap
Websitegroupe-bel.com
Employee Ratings4
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Latest Updates

Employees (est.) (Mar 2022)12,510
Revenue (FY, 2020)€3.5 B(+2%)
Share Price (Nov 2021)€545
Cybersecurity ratingBMore
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Key People/Management at Fromageries BEL

Antoine Fiévet

Antoine Fiévet

Chairman and Chief Executive Officer
Étienne Lecomte

Étienne Lecomte

General Manager, Europe
Frédéric Nalis

Frédéric Nalis

General Manager, Americas
Joe Tayard

Joe Tayard

General Manager, Middle East and Greater Africa
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Fromageries BEL Office Locations

Fromageries BEL has offices in Suresnes, , La Ferté-Bernard, Lons-le-Saunier and in 29 other locations
Suresnes, FR (HQ)
2 Allée de Longchamp
La Ferté-Bernard, FR
18 Rue du Chemin de Ronde
Lons-le-Saunier, FR
120 Boulevard Jules Ferry
Hydra, DZ
36 de la madelaine,, Rue Dujonchay
Koléa, DZ
Mazafran
South Melbourne, AU
Level1/71 Palmerston Cres
Show all (40)

Fromageries BEL Financials and Metrics

Fromageries BEL Revenue

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Fromageries BEL's revenue was reported to be €3.46 b in FY, 2020
EUR

Revenue (H1, 2021)

1.7b

Gross profit (H1, 2021)

567.2m

Gross profit margin (H1, 2021), %

33.6%

Net income (H1, 2021)

67.6m

EBITDA (H1, 2021)

200.7m

EBIT (H1, 2021)

108.6m

Market capitalization (10-Nov-2021)

3.7b

Closing stock price (10-Nov-2021)

545.0

Cash (30-Jun-2021)

441.3m

EV

4.4b
Fromageries BEL's current market capitalization is €3.7 b.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

3.3b3.4b3.5b

Cost of goods sold

(2.3b)(2.3b)(2.3b)

Gross profit

1.0b1.1b1.2b

Gross profit Margin, %

31%33%33%
Half Year
EURH1, 2019H1, 2020H1, 2021

Revenue

1.7b1.7b1.7b

Cost of goods sold

(1.1b)(1.1b)(1.1b)

Gross profit

542.9m591.3m567.2m

Gross profit Margin, %

33%34%34%
show all
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

337.2m405.7m590.3m

Accounts Receivable

488.1m506.3m434.3m

Prepaid Expenses

34.9m34.4m

Inventories

365.0m372.6m371.2m
Half Year
EURH1, 2019H1, 2020H1, 2021

Cash

413.5m322.2m441.3m

Accounts Receivable

522.3m462.5m388.8m

Prepaid Expenses

33.4m28.4m25.6m

Inventories

405.6m401.8m353.1m
show all
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

129.5m182.6m217.4m

Depreciation and Amortization

146.0m122.2m158.2m

Inventories

(11.3m)(3.1m)(18.9m)

Accounts Payable

(41.1m)29.5m600.0k
Half Year
EURH1, 2019H1, 2020H1, 2021

Net Income

114.0m164.3m94.8m

Depreciation and Amortization

59.0m70.0m73.7m
show all
EURFY, 2018

Revenue/Employee

276.0k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x
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Fromageries BEL Revenue Breakdown

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Fromageries BEL revenue breakdown by business segment: 82.9% from MARCHES MATURES and 17.1% from NOUVEAUX TERRITOIRES

Fromageries BEL revenue breakdown by geographic segment: 26.6% from AMÉRIQUES, ASIE-PACIFIQUE, 19.6% from MOYEN-ORIENT ET GRANDE AFRIQUE and 53.8% from EUROPE

Fromageries BEL Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Fromageries BEL Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Fromageries BEL Online and Social Media Presence

Fromageries BEL's Trends

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Fromageries BEL News and Updates

December 11, 2018

Fromageries BEL :cost-savings effort to support growth plan

Bel launches cost-savings effort to support growth plan
November 06, 2018

Fromageries BEL : Third quarter 2018 financial information Sales

                        Suresnes - November 6, 2018 at 6:00 pm                   Fromageries Bel Third quarter 2018 financial information Sales
September 07, 2018

Fromageries BEL : Capital et droits de vote au 31 août 2018

Fromageries Bel 2 allée de Longchamp92150 SURESNES
August 31, 2018

Fromageries BEL : Capital & droits de vote au 31 juillet 2018

Fromageries Bel 2 allée de Longchamp92150 SURESNES
July 27, 2018

Fromageries BEL : Half-Year 2018 Results

                                                Suresnes - July 27, 2018 at 6:00 pm                   Fromageries Bel Half-Year 2018 Results
July 27, 2018

Fromageries BEL : Résultats du 1er semestre 2018

                                                Suresnes, le 27 juillet 2018 - 18h                   Fromageries Bel Résultats du 1er semestre 2018

Fromageries BEL Blogs

May 16, 2022

The Bel Group separates Chair and CEO roles : Cécile Béliot is appointed Chief Executive Officer

One year after Antoine Fiévet, Chairman and CEO of the Bel Group, announced his intention to separate Chair and CEO positions at the head of the company, the Board of Directors, meeting on May 12, appointed Cécile Béliot, Chief Executive Officer of the Group, and renewed Antoine Fiévet’s mandate as …
May 02, 2022

The Bel Group buys the balance of the capital of MOM to accelerate its development in healthy snacking

The Bel Group, which already holds 82.5% of the capital of Mont Blanc-Materne (MOM), is pleased to announce the purchase of the balance of the capital from Michel Larroche and the management of MOM. In accordance with the acquisition agreements concluded on 20 October and 15 December 2016, Bel exerc…
March 30, 2022

Bel Group and its Foundation stand with Ukraine

The Bel Group and its Foundation take action on several levels to support Ukrainian people affected by the conflict.      Through product donations. Since the beginning of the conflict, product donations have been organized on a local level: sites (BUs and plants) are coordinating emergency support …
March 17, 2022

Bel Annual financial information 2021 Results

February 28, 2022

Fourth quarter 2021 financial information

February 10, 2022

Bel aims to make carbon reduction a driver of its performance and aligns itself with an ambitious climate trajectory of +1.5°C

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 Fromageries BEL Frequently Asked Questions

  • When was Fromageries BEL founded?

    Fromageries BEL was founded in 1865.

  • Who are Fromageries BEL key executives?

    Fromageries BEL's key executives are Antoine Fiévet, Étienne Lecomte and Frédéric Nalis.

  • How many employees does Fromageries BEL have?

    Fromageries BEL has 12,510 employees.

  • What is Fromageries BEL revenue?

    Latest Fromageries BEL annual revenue is €3.5 b.

  • What is Fromageries BEL revenue per employee?

    Latest Fromageries BEL revenue per employee is €276.2 k.

  • Who are Fromageries BEL competitors?

    Competitors of Fromageries BEL include Cloetta, Bel Brands and Henan Huaying Agricultural Development.

  • Where is Fromageries BEL headquarters?

    Fromageries BEL headquarters is located at 2 Allée de Longchamp, Suresnes.

  • Where are Fromageries BEL offices?

    Fromageries BEL has offices in Suresnes, , La Ferté-Bernard, Lons-le-Saunier and in 29 other locations.

  • How many offices does Fromageries BEL have?

    Fromageries BEL has 40 offices.