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Letter to the Shareholders

To the shareholders,
After a positive 2008 both for our Group's results and development, we are looking to the future with the optimistic realism of those who consciously choose to meet the difficult challenges that the near future holds, in a context that has radically changed in a short period of time. We are now ever more integrated, innovative, rapid and effective. We can depend on an extensive, flexible distribution model, a network of accredited commercial partners, a quality affordable product and a solid balance sheet.
We have over 40 years of market knowledge behind us, a wealth of experience and values, and a talented and flexible organization whose ability to seize opportunities means that is ready to face the severest turmoil.