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MESSAGE FROM THE CHAIRMAN AND CEO

repercussions on a significant portion of our business. COP 21

recognized nuclear power as a source of energy of the future for

the planet and placed connected modes of transport at the heart of

environmental policies in order to significantly reduce greenhouse

gas emissions and consequently the effects of climate change.

Despite the gloomy outlook stirred up by a turbulent globalized

economy, Assystem is steering a steady course in 2016. The Group

is well placed to meet the challenges of its customers in every

industry. The number of orders from Airbus and aircraft component

manufacturers and the increase in the global aircraft fleet are

boosting our optimized production and supply chain engineering

business and the emergence of new services. The automotive

industry is going through a period of sustained expansion into

lucrative avenues such as new vehicle models and optimized

motoring solutions.

In this context of robust innovation, our engineering centre in

Romania continues to play a driving role for manufacturers and

in the coming years will increasingly serve as a base of services

for Europe and the Middle East. Our 50 years of expertise in the

nuclear industry, which we celebrate this year, will enable us to

soon offer high added-value packaged services to players in the

industry. On the whole, we have the good fortune of working in

industries with good medium- and long-term prospects and we will

seize every opportunity that comes our way. The Group remains

attentive to its strategic markets and endeavours to be sufficiently

agile to respond to any challenges that may arise. Accordingly, we

nurture flexible working structures and adaptable mindsets.

Our sole significant acquisition boosting external growth was that

of Radicon at the very beginning of the year. To keep a balance

between organic and external growth in 2016, we are looking

at carrying through a few targeted acquisitions that have been

carefully selected geared to carefully pre-established geographic

and business sector criteria.

The digitization of our business and that of our customers, and the

productivity gains it brings to methods of working, will remain a

key factor to which all of our teams are committed. Indeed, the

introduction of new technologies in the industry is creating a new

playing field by enabling all players to be more competitive and

efficient. With the right timing – neither too soon nor too late – the

Group will make specific investments in this area in 2016 and the

years to come.

Beyond digital transformation, Big Data will revolutionize all

economies in an interconnected world. The exponential growth in

the amount of data collected and analyzed will unleash the potential

of technologies and lead to the emergence of new economic

models. Assystem is positioning itself to reap the benefits of Artificial

Intelligence and Big Data and is busy designing and building

plant, equipment, hardware and systems that will increasingly

determine the success of its customers’ products and services. We

are pursuing these objective with a keen awareness of our corporate

responsibility and our creative obligation towards the greater good.

In conclusion, I wish to thank all stakeholders in the life and

development of our Group for their commitment and trust now and

in the long term.

Dominique Louis

3

ASSYSTEM

FINANCIAL REPORT

2015