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PREPARING
While they were restrained compared to the exceptional level
of expenditure recorded last year, the investments made in
2018 reflect theGroup’s desire toadapt its efforts to theexpected
changes in its business activities. The choicesmadewill further
strengthen theGroup’s operational efficiency and support future
developments.
Capital expenditureswere 40%focused on the capacity needed
for the industrialization of newproducts and 25%of the overall
budget was devoted to improving productivity. This strategy
should enable theGroup to improve its performance and position
itself today in the markets of tomorrow.
CAPEX FOR THE FUTURE
40