HomeEconomySanofi, Credit Lyonnais and Basic Fit receive strong fines for "delays in...

Sanofi, Credit Lyonnais and Basic Fit receive strong fines for “delays in the payment of invoices” of their suppliers

These fines amounted to 1.65 million euros for Sanofi, 1.5 million euros for LCL and 410,000 euros for basic realization when payment delays have multiplied in recent months in France.

The Sanofi Pharmaceutical Group, the Lyonnais Bank Credit (LCL) and the FIT basic sports rooms have received fines for “delays in the payment of invoices” of its suppliers, said the DGCCRF on Monday, August 25 in its place. These fines amounted to 1.65 million euros for Sanofi, 1.5 million euros for LCL (a subsidiary of Credit Agricole SA) and 410,000 euros for basic FIT, specifies the General Directorate of Competition, Consumption and repression of fraud.

In early August, several fines against French companies based on the same reasons had already been public for the DGCCRF. FNAC Darty and CDISCOUNT had been inflicted respectively 3.9 million euros and 2.1 million euros for the DGCCRF for delays in the payment towards their suppliers, as well as the telecommunications operator SFR (860,000 euros).

More and more delays in payments

Recurrent problem, these delays in payment between companies increased even more in 2024, and deteriorated “significantly in France”, returning “above the European average,” said the bank of France in early July.

Faced with what sometimes constitutes substantial holes in the cash of certain SMEs, the executive considers insufficiently dissuasive. In mid -July, Prime Minister, François Bayrou, had announced that he wanted [le] Economic fabric. “The mediators of the company and credit had also spoken at the beginning of the year in favor of such a measure.

Author: PL with AFP
Source: BFM TV

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