The 2007 financial year has been extremely satisfactory both in
terms of business growth and our improved results, with turnover
reaching €196.75m (+ 19.7%) and an EBIT of €23.35m (+
25.6%).
The growth drivers leading to these results are detailed in our
management report.
In this editorial, we are keen to reaffirm our Group’s
identity through a number of key messages:
Firstly, we try to be a serious company which maintains
steady organic growth in the medium-term through customer loyalty
and well-targeted technological innovations;
We seek to fuel this growth through strategic acquisitions,
at a fair price, which enable us to expand our geographic coverage
and enhance our product range or provide us with technologies
which we do not yet master;
Our shares are subject to erratic fluctuations, which do not
reflect our desire to achieve steady, managed growth;
Finally, the majority of the capital is protected by a solid
shareholders’ agreement, which has just had its positions
consolidated via the acquisition of more shares.
For 2008, despite global economic uncertainties, currency risks
(dollar and Swiss franc) and the speculative rise of raw materials,
we will once again endeavour to remain true to our identity by
delivering sound organic growth and financial results to our shareholders.
