PPR (company)

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PPR's logo
PPR's logo

PPR is a French multinational holding company specializing in retail shops and luxury brands. The company was created by the billionaire businessman François Pinault and is now run by his son François-Henri Pinault. It is quoted on Euronext Paris and is a constituent of the CAC 40 index. It was originally called Pinault-Printemps-Redoute, but changed its name on 18 May 2005 to simply PPR. On June 20, 2006, PPR announced that it had entered into exclusive negotiations pertaining to the sale of France Printemps after receiving a joint offer from RREEF and Borletti Group for €1.075 billion.

Contents

Financial Data in euro millions
Year 2002 2003 2004 2005 2006
Sales 24 360 27 354 24 213 17 766 17 931
Ebitda 2 282 1 753 1 939 1 478 1 540
Net Result share of the group 1 589 644 940 535 680
Net Debt 3 304 5 032 4 561 4 584 3 461


Source :'OpesC'


As of 2005 PPR's main subsidiaries include:

  • Rexel - office supplies
  • Guilbert - office supplies and furniture
  • Printemps - department stores chain
  • Pinault
  • Kadeos

PPR's chief competitors in luxury goods conglomerates are LVMH and Richemont.

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