Decathlon will pay a billion euros in dividends to the Mulliez family for 2024, unions denounce

This decision comes as more than 2,000 jobs are threatened at the distributor Auchan, also owned by the Mulliez family.

A beautiful envelope for the end of the year. The sports brand Decathlon will pay its shareholder the Mulliez family association (AFM), which also owns the Auchan distributor where nearly 2,400 jobs are threatened, one billion euros in dividends for the 2024 financial year, two unions said on Friday, November 29.

“No money for senior negotiations, mutual insurance or NAOs”obligatory annual negotiations, but at the same time “family shareholders take a billion euros in dividends” for 2024, the CFTC lamented on its Facebook page. For his part, “CFDT Decathlon is in shock at this morning's announcement in the Decathlon group committee : one billion euros in dividends will be paids from Monday to the shareholders of the Mulliez family association (AFM) for the year 2024″for its part, the CFDT is indignant.

In a reaction sent to AFP, Decathlon management ensures that this decision “is part of balanced management of the company”. “Our solid financial base allows us to transfer part of our reserves to all our shareholders while continuing to invest in strategic growth initiatives for the benefit of our employees, our customers and our partners”she added. The AFM did not wish to comment.