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MESSAGE FROM THE CHAIRMAN AND CEO
THE YEAR OF RECOVERY
There is no doubt that 2015 was a year of recovery for Assystem.
Thanks to the revival of the nuclear sector and the upturn in the
automotive industry, and despite the effect of the transition period
that our Group – and its competitors – had to deal with in the
aviation sector from mid-2014 to late 2015, Assystem’s results in
2015 were a clear improvement on the previous year. The past
year marked a return to organic growth, a significant improvement
in margins, and a strong increase in free cash flow for the Group.
Performance was driven by the sound health of our business in
France, the significant boost in our German operations, and the
positive contribution of the Saudi firm Radicon, acquired in early
2015.
The upturn in the Group’s fortunes is also down to exogenous factors
such as the United Nations Climate Change Conference (COP 21)
held in Paris in late 2015. The new climate change agreement,
signed by the 195 countries represented, aims to pursue efforts to
limit the rise in global temperatures to 1.5°C, and is having positive
MESSAGE FROM
THE CHAIRMAN AND CEO
DOMINIQUE LOUIS
2
ASSYSTEM
FINANCIAL REPORT
2015