MESSAGE FROM THE PRESIDENT |
| Despite the slowdown at the end of the year, revenue rose by 4% over full-year 2009 while attributable adjusted net profit increased by 18%. In a backdrop of global recession, our businesses generally resisted well thanks to their recurring nature and further growth in emerging markets, which now account for more than 40% of revenue. We acted rapidly to adapt our organization, control costs and improve performances in terms of margins and cash flows. As a consequence, since the IPO, that is to say over 2006-2009, attributable adjusted net profit rose by an average annual 19%. |
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Frank Piedelièvre,
Chairman and Chief Executive Officer |
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