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
Issue 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 (60.8%): at the end of 2018, owned 2 production sites located in France;
  • retail distribution (22.7%): activity ensured, at the end of 2018, through 45 outlets broken down into company-owned shops (30), affiliated stores (13; including one in Luxembourg), 2 franchise stores in Algeria and through a Website;
  • wholesale distribution (16.5%): operates using its own brand names, in France and internationally, targeting multi-brand retailers, large store chains, and foreign distributors.
France accounts for 96.8% of net sales.

Source: Cofisem - Last Update: 07 Feb 2020
Key Executives
Chairman and Chief Executive Officer Eric Dailey
Chief Operations Officer Christian Rondelet
Chief Financial Officer Patricia Moulon
Shareholder Relations Manager Patricia Moulon
Source: Cofisem - Last Update: 11 Nov 2019
Key figures
Millenium 2018 2017 2016 2015 2014
Net sales 58,676 55,890 53,766 56,712 55,920
Income from ordinary activities 58,705 55,922 53,790 56,716 55,957
Operating income -3,744 -1,542 -791 -203 -786
Cost (net) of financial indebtedness -93 -180 -221 -177 -323
Equity-accounted companies' contribution to results
Net profit from discontinued activities -16 -119 -479
Net income -3,721 -1,823 -1,116 -424 -2,334
Net income (Group share) -3,721 -1,823 -1,116 -424 -2,334
Fiscal year end 12.18 12.17 12.16 12.15 12.14
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: 07 Feb 2020
Shareholder information
Tolomei Participations 59.90 %
Qatar Luxury Group 38.40 %
Source: Cofisem - Last Update: 07 Jun 2019