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Strategy 29<br />
Competitiveness<br />
Going beyond product innovation, maintaining a competitive stance enables us to stay ahead of<br />
<strong>the</strong> competition through a solid manufacturing base, relevant global organisation and cost control.<br />
With <strong>the</strong> acquisitions of Imusa in Colombia, Asia Fan in Vietnam and more recently Maharaja<br />
Whiteline in India, <strong>the</strong> industrial landscape of <strong>the</strong> Group has changed. It has been streng<strong>the</strong>ned on<br />
a global scale and is based on a group of factories that complement one ano<strong>the</strong>r in <strong>the</strong>ir business<br />
operations and are close to <strong>the</strong>ir markets, enabling us to provide a better service for our customers<br />
and consumers all over <strong>the</strong> world.<br />
MAKING A DIFFERENCE<br />
The competitive nature of our sites extends beyond our production capacity. It covers <strong>the</strong> entire<br />
product life cycle, from <strong>the</strong> purchase of raw materials and components to managing <strong>the</strong> after-sales<br />
service, and includes logistical and IT constraints. It is a Group-wide, international vision in which<br />
dialogue and <strong>the</strong> exchange of good practices are vital to continue improving our industrial<br />
performance.<br />
Our internal skills form <strong>the</strong> cornerstone of this architecture and it is by making <strong>the</strong> best use of our<br />
employees' expertise, <strong>the</strong>ir experience and <strong>the</strong>ir approach to <strong>the</strong>ir daily work, that we will be able<br />
to guarantee <strong>the</strong> sustainable growth of our sites and confirm our place as global leader in <strong>the</strong> small<br />
domestic equipment market.<br />
ENCOURAGING INDUSTRIAL FLEXIBILITY p. 30<br />
GUARANTEEING THE BEST SERVICE FOR OUR CLIENTS p. 32<br />
ACCOMPANYING CHANGE p. 34