Dear Sir or Madam,
Welcome to ADLPartner’s financial information website. Its purpose is to provide you with regular and detailed information on our financial performance levels, and on the schedule for financial communication for the current year.
The results achieved in 2008 highlight the appropriateness of ADLPartner’s strategic direction. In a context of significant marketing investment, we recorded strong sales growth and demonstrated our capacity to maintain our level of profitability, while at the same time successfully integrating OFUP.
In France, we continued to gain market share by stepping up our commercial investments. This strong commercial development resulted in higher value being derived from our marketing expertise and how it is applied to the various distribution channels.
On international markets, ADLPartner continued to implement its policy of selective commercial investment, which resulted in the termination of our operations in Brazil following an insufficiently convincing testing phase.
The results of 2008 justified our confidence in ADLPartner’s future. This is the reason why we have decided to reinforce our distribution policy, with the payment of a dividend of € 0.25 per share, an increase of 8.7%.
In a medium and long-term, we continue to calmly implement our development strategy, drawing on strengthened fundamentals and financial resources.
We remain true to the values that have contributed to our Group’s development. They express themselves in our behaviour as entrepreneurs, cautious in our choices, creative in our proposals and responsible in our commitments.
We continue to develop based on our strategic direction, drawing on structurally sound fundamentals, as evidenced by the recurrence of the subscription portfolio and our significant financial resources.
I wish to thank all our personnel, as well as our shareholders, for their trust and loyalty.
Jean-Marie Vigneron
Chairman of the Executive Board
