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Investors » Other Financial Informations » Interview with the Chairman
Other Financial Informations
“Today, our industrial structure and size represent significant strengths in the face of major global challenges and international competition.”
Our product pipelines are continuously fed on, which allow us to ensure the competitiveness of the key sectors of human activity represented by health, well-being, energy and materials. Our commitment to quality combined with our industrial and commercial know-how has made PCAS a privileged supplier among the leading industrial players in all these sectors.
And it is this privileged position that enables us to foster progress in all these fields. Thanks to their creativity, responsiveness and commitment, our teams provide the competitive and safe solutions required to meet industrial and consumer needs. PCAS Group employs 977 men and women who between them generated a turnover of over €158 million in 2010. These men and women represent an outstanding merger of experience, talent and enthusiasm.
But with this privileged position also comes responsibility. In a world in which competition for access to fossil resources is intensifying and in which “emerging” countries are experiencing soaring domestic demand, PCAS Group has opted to reinforce its sustainable development strategy. In concrete terms, this implies pursuing our efforts to improve our competitiveness, focusing in particular on atom economy and the use of renewable raw materials. It also involves integrating and industrialising technological innovations such as those recently acquired by the Group via the purchase of the biotech company Protéus.
Our Group has managed to survive a sudden and complex crisis, the effects of which continue to be felt. Our teams, managed by Vincent Touraille (see pages 8 and 9), have demonstrated immense courage in helping to steer the group through these choppy economic waters by taking the appropriate, albeit difficult, decisions. Our ambition for excellence remains intact.
To speed up the roll-out of the Group’s strategic plan, its Board took the decision to reinforce its Top Management, by appointing, on March 10 2011, Mr. Philippe Decazes as Board Member and Chief Executive Officer and confirming Vincent Touraille as Vice Chief Executive Officer.
Today, our industrial structure and size represent significant strengths in the face of major global challenges and international competition. Highly export-driven (70% of our products are exported) and supported by cutting-edge industrial facilities – in Europe (9 sites, 6 of which are in France) and North America, – we are a global company. Already present in Europe, North America and China, we are going to pursue and intensify this strategy of globalisation via the implementation of collaborative agreements with major French and international industrial partners, and by establishing commercial operations in countries undergoing rapid economic development, such as Brazil and Korea.
PCAS is an intermediate-sized company. Following several decades in which successive governments have held large industrial groups in the highest esteem, intermediate-sized companies are now gaining recognition for the relevance of their model and the role they can play in global competition. With its flexibility, commitment to quality and capacity for innovation, PCAS will be keen to demonstrate that it is part of this winning trend.
Christian Moretti
Chairman PCAS Group
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