Identification
Listing sponsor

Banque Palatine

Instrument name
LE TANNEUR
Symbol
ALTAN
ISIN code
FR0000075673
LEI code
969500E1IO6PRE1MOA25
Exchange / Market
Euronext Growth
Trading location
Paris
ICB
Clothing&Accessories
Operation
IPO date
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:
  • production for high-end firms (65.2%): at the end of 2019, owned 2 production sites located in France;
  • retail distribution (20.5%): activity ensured, at the end of 2019, through 43 outlets broken down into company-owned shops (27), affiliated stores (13; including one in Luxembourg), 2 franchise stores in Algeria and through a Website;
  • wholesale distribution (14.3%): operates using its own brand names, in France and internationally, targeting multi-brand retailers, large store chains, and foreign distributors.
France accounts for 97.1% of net sales.

Source: Cofisem - Last Update: 08 Jul 2020
Key Executives
Chairman and Chief Executive Officer Eric Dailey
Executive Vice President Christian Rondelet
Chief Commercial Officer Jessica Sellam
Chief Financial Officer Patricia Moulon
Source: Cofisem - Last Update: 07 Jul 2020
Key figures
Millenium 2019 2018 2017 2016 2015
Net sales 63,717 58,676 55,890 53,766 56,712
Income from ordinary activities 63,717 58,705 55,922 53,790 56,716
Operating income -2,407 -3,744 -1,542 -791 -203
Cost (net) of financial indebtedness -130 -93 -180 -221 -177
Equity-accounted companies' contribution to results
Net profit from discontinued activities -16 -119
Net income -2,575 -3,721 -1,823 -1,116 -424
Net income (Group share) -2,575 -3,721 -1,823 -1,116 -424
Fiscal year end 12.19 12.18 12.17 12.16 12.15
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards
Source: Cofisem - Last Update: 08 Jul 2020
Shareholder information
Tolomei Participations 59.90 %
Qatar Luxury Group 38.40 %
Source: Cofisem - Last Update: 07 Jul 2020