We are constantly striving to improve our business. We must be able to cope with considerable local dynamics, while also taking advantage of central synergies and economies of scale. For this reason, we maintain a matrix organisation with, on the one hand, business areas that can make decisions at the local level and, on the other hand, functions that span the entire Group. There are also a number of business units that report to the business areas or the Group functions.
The heads of the business areas are responsible for the income statements and balance sheets of their respective unit. The Group functions are responsible for coordinating Group-wide issues, drawing up guidelines and policies and providing support to the business areas. Such support includes optimising the range, production, purchasing, communication and financial reporting.
The overall management of the Group is exercised through the Group management meetings held each month.