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YEAR 2008 - SDF

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14<br />

ANNUAL REPORT <strong>2008</strong><br />

THE LOGISTICS UNIT<br />

Given these conditions, the Group reorganised operations<br />

in order to protect its interests, enabling it to post results<br />

in line with expectations and to maintain the appeal of a<br />

market positioning offering massification solutions to<br />

industry players.<br />

In 2009, the search for new customer/product pairs<br />

should offset the decline in volume seen in <strong>2008</strong> and<br />

gradually fill the extensions delivered in the course of<br />

the year (Brignais and Le Plessis Belleville).<br />

RETAIL LOGISTICS<br />

This activity too was affected by falling hypermarket sales<br />

in <strong>2008</strong>. Sales for the year fell short of expectations<br />

because of declining food demand from cybermarkets<br />

and the late completion of premises delaying the launch<br />

of a frozen food contract at STEF Paris Nord.<br />

A contract expired during the course of the year at the<br />

Neudorf site, following the reorganisation of its product<br />

logistics. The successful launch of a new frozen foods<br />

contract for a chain in the same Group in eastern France<br />

partially offset this loss.<br />

The adaptation of production resources to business and<br />

the implementation on all sites of a continuous improvement<br />

drive allowed the activity to honour its results<br />

commitments despite declining sales.<br />

FOOD SERVICE LOGISTICS<br />

A vigorous recovery policy returned this activity to<br />

profitability in <strong>2008</strong>. After years of repositioning,<br />

reconstructions and finally growth of 38% in 2007,<br />

the sector is reaping the rewards of all the hard work,<br />

despite the difficult context. The food-service logistics<br />

activity posted sales in line with expectations.<br />

Taking advantage of a relative slowdown in business, the<br />

Group consolidated its commercial position and stabilised<br />

operations, leading to improvements in both performance<br />

and quality. The result is globally satisfactory, and above<br />

budget predictions.<br />

During <strong>2008</strong>, synergies were implemented with other<br />

activities, allowing the sector to identify new growth<br />

drivers and leading to the opening of a new rented site<br />

in Fos-sur-Mer. ●

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