Identification

Listing sponsor / Agent

Banque Palatine

Instrument name
LE TANNEUR
Symbol
ALTAN
ISIN code
FR0000075673
Code LEI
969500E1IO6PRE1MOA25
Exchange / Market
Euronext Growth
Trading location
Paris
ICB
Clothing&Accessories
Website address
http://www.letanneuretcie.com/

Operation

IPO date
Do. 05/09/2019
IPO type
Transfer

Company profile

Le Tanneur et Compagnie specializes in the design and distribution of leather goods (wallets, handbags, book-bags, saddle-bags, luggage, etc.) under own labels (Le Tanneur and Soco). The group also produces leather goods for high-end firms. Net sales break down by activity as follows:
  • contract manufacturing of leather goods (63.4%): at the end of 2021, owned 3 production sites located in France;
  • retail distribution (23%): activity carried out, at the end of 2021, through 40 points of sale, broken down into company-owned stores (19 in France and 1 in Belgium), affiliated stores (9 in France and 1 in Belgium), outlet stores (8), franchised stores (2 in Algeria) and through the letanneur.com website;
  • wholesale distribution (13.6%): operates using its own brand names, in France and internationally, targeting multi-brand retailers, large store chains, and foreign retailers.
France accounts for 96.6% of net sales.

Source: Cofisem - Last Update: 25 Nov 2022
Key Executives
Chief Executive Officer Christian Rondelet
Chief Financial Officer Caroline Llinares
General Counsel Caroline Llinares
Shareholder Relations Manager Laurence Mottet
Source: Cofisem - Last Update: 03 Jun 2022
Key figures
Millenium 2021 2020 2019
Net sales 59.719 50.368 63.717
Consumed purchases 21.509 17.352 24.967
Personnal costs 21.634 20.053 21.165
Operating profit -523 -3.028 -2.407
Income tax -17 1 -25
Net income -1.613 -3.255 -2.575
Net consolidated income (Group share) -1.613 -3.255 -2.575
Fiscal year end 12,21 12,20 12,19
Length of fiscal year (month) 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands
Account Standards
Source: Cofisem - Last Update: 25 Nov 2022
Shareholder information
Tolomei Participations 59,90 %
Qatar Luxury Group 38,40 %
Other shareholders 1,70 %
Source: Cofisem - Last Update: 25 Nov 2022