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12 ANNUAL REPORT VALORA 2009 CoMPeTenCe We are a force to be reckoned with in small-outlet retail. every day, we put our sites, product ranges, services and relationships to work for millions of customers. Competence creates credibility. It provides a solid basis for our business success.
ANNUAL REPORT VALORA 2009 13
Page 1 and 2: Annual Report
Page 3 and 4: Rolando Benedick Chairman Dear Shar
Page 5 and 6: I n a tough economic environment, t
Page 7 and 8: Alex Minder (CEO Valora Trade) Stef
Page 9 and 10: The Valora Group achieved the objec
Page 11 and 12: Our highlights Our brands valora re
Page 13: strategy programme report ANNUAL RE
Page 17 and 18: CoMPeTenCe new press anD book shops
Page 19 and 20: 1000x Around the world: At 11 Valor
Page 21 and 22: ANNUAL REPORT VALORA 2009 19
Page 23 and 24: ent focus is mainly directed toward
Page 25 and 26: of floorspace. Essen’s main stati
Page 29 and 30: 27 ANNUAL REPORT VALORA 2009 effici
Page 31 and 32: InTeGraTed, Closed looP InvenTory M
Page 35 and 36: PeoPle valora Code of ConduCT In ad
Page 37 and 38: uniform complaints management It is
Page 39 and 40: new people in. Of course, we had to
Page 41: tic states to Scandinavia, not to m
Page 44 and 45: Consolidated balanCe sHeet Assets A
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PDF (3.6 MB) - Valora

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