Each brand has a well-defined identity, with a specific values which are reflected in the product offering, features and design, as well as in appropriate communication mechanics.
We remain convinced that our balanced business model, combining profitable growth and a resolutely responsible approach, creates value for all and plays a full part in our contribution to better living in households around the world.
2019 marks for the Group another year of organic growth above 5%, for the sixth consecutive year. All Group geographies and all product lines posted higher revenue, generating strong financial performances, with an Operating Result from Activity up 6.5%.
2020 begins against a backdrop made of uncertainties as for the general environment, heightened by the coronavirus epidemic. This crisis, whose duration and impact it is still too early to assess, is once again demonstrating the engagement and the solidarity of our teams worldwide. I would like to send a message of support and thanks to all our employees and partners concerned, and particularly to our Chinese teams who have done a remarkable work since the beginning of the crisis.
I am confident in the strength of our strategic model based on balanced growth - brands, geographies, product categories and distribution channels – and on a worldwide industrial footprint. This model, along with the promising and resilient industry we are part of, has so far always enabled us to get through crises and stay the course over the long term.
It is part of an approach based on environmental and social responsibility that is recognized widely and creates value for everyone.
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