Kesa Electricals

Infobox_Company
company_name = Kesa Electricals plc
company_
company_type = Public (LSE|KESA)
company_slogan = Best price, Best choice, Best service
foundation = 2003
location = London, England, UK
key_people = David Newlands Chairman
Jean-Noël Labroue CEO
Simon Herrick Finance Director
num_employees = circa 26,000+
revenue = £4,314.4 million (2008) [http://www.kesaelectricals.com/gfx/uploads/19032008073847.pdf Kesa Electricals Financials] ]
operating_income=£145.7 million (2008)
net_income =£79.8 million (2008)
industry = Retailer
products = Brown Goods,
White goods,
Telecommunications,
Information technology,
Digital photo processing,
Pre-recorded media,
Furniture
homepage = [http://www.kesaelectricals.com/ www.kesaelectricals.com]

Kesa Electricals plc (lse|KESA Euronext|KESA) is a leading European consumer electronics and household appliance retailing group. It is the third largest electrical group in Europe. It is dual-listed on the London Stock Exchange and Euronext and is a member of the FTSE 250 index.

History

The Company was formed in 2003 by demerger from Kingfisher plc. [ [http://www.independent.co.uk/news/business/news/kingfishers-electricals-demerger-hit-by-pound100m-tax-594499.html Kingerfisher's electrical demerger hit by £100 million tax charge] ] In 2007 the Company bought Menaje Del Hogar, a Spanish electrical retail chain. [ [http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=285467 Kesa Electricals to buy 54-unit Spanish chain] ]

Operations

Kesa Electricals is based in London and owns several European retailers including Comet in the United Kingdom, and Darty in France. It also has sourcing offices based in Paris and Hong Kong, as well as a wholly owned wholesaler of electrical accessories, Dacem, who supply all of Kesa's European operations. [ [http://www.kesaelectricals.com/default.aspx?m=8&mi=139&title=Group%20at%20a%20Glance Kesa: Group at a glance] ]

Its structure is as follows:
*Comet: Retail and E-commerce in UK. They own 251 stores with 268,500 square metres of selling space
*Darty France: Retail in France. They own 214 stores with 282,700 square metres of selling space
*Darty Italy: Retail in Italy. They own 13 stores with 19,750 square metres of selling space
*Darty Turkey: Retail in Turkey. They own 6 stores with 8,200 square metres of selling space
*Darty Switzerland: Retail in Switzerland. They own 5 stores with 7,500 square metres of selling space
*BCC: Retail and E-commerce in Netherlands. They own 47 stores with 64,900 square metres of selling space
*Vanden Borre: Retail in Belgium. They own 57 stores with 60,800 square metres of selling space
*Datart: Retail in Czech Republic / Slovakia. They own 32 stores with 33,400 square metres of selling space
*Menaje Del Hogar: Retail in Spain and Portugal. They own 67 stores with 79,500 square meters of selling space

Competitors

*DSG International - Who own UK retailers, Currys and PC World.
*Home Retail Group - Who own Argos and Homebase.
*Tesco Direct

References

External links

* [http://www.kesaelectricals.com/ Official site]