SOLOCAL_Registration Document_2017

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CONTENT	2
2017 REGISTRATION DOCUMENT	3
MESSAGE FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS AND CHIEF EXECUTIVE OFFICER OF SOLOCAL GROUP	4
OVERVIEW	6
2017 KEY FIGURES	7
A COMPANY IN TRANSFORMATION	8
2018-2020 VALUE CREATION LEVERAGES FOR THE NEW SOLOCAL	9
1. SOLOCAL, LOCAL DIGITAL PARTNER TRUSTED BY BUSINESSES	11
2. RISK FACTORS	33
3. CORPORATE SOCIAL RESPONSIBILITY	49
4. CORPORATE GOVERNANCE	93
5. COMMENTS ON THE FINANCIAL YEAR	131
6. FINANCIAL STATEMENTS	147
7. INFORMATION ON THE COMPANY AND ITS CAPITAL	231
8. ADDITIONAL INFORMATION	261

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