ANNUAL REPORT

2021

ANNUAL REPORT 2021

  • A WORD FROM THE FOUNDER

Dear shareholders and friends,

The past two years have been particularly challenging for our businesses and the country as a whole.

We are once again thankful to the authorities for taking the necessary steps to protect the economy while supporting us throughout the long months when we were forced to remain closed. Having to keep our doors shut for over six months in 2021 significantly affected business in the financial year ended 31 October 2021.

Those long months of inactivity did, however, give us an opportunity to think about the future of our business and refine the new developments the management team is preparing for the coming years, the most emblematic of which will be 3.14 in Cannes, whose hotel, leisure and well- being spaces are currently undergoing a major transformation.

They also allowed us to continue with renovation and construction programmes at many of our establishments. The Bandol casino has already reopened in its new layout; the Hyères casino will be opening up its new areas at the end of February 2022 and the Palavas casino in June.

Larger projects at Annemasse, Lyon Vert and Saint-Amand-les-Eaux, having been slightly delayed, will kick off sometime in the first half of 2022.

I want to pay tribute to Jean-François Largillière who, in his capacity as a member of the Executive Board, was deeply involved in the design and delivery of these various projects. Illness took him from us, without warning and far too early, last December. All my thoughts are with his family.

All indicators look to be set fair; without wishing to be unduly optimistic, hopes are high that the worst of this epidemic will be behind us this year.

Spending habits have changed significantly and we will once again need to adapt quickly and effectively to new customer expectations - something we've been doing for nearly fifty years now. 2023 will be a special year: the Group will have existed for half a century.

While we wait to see what the next half-century has in store, take good care of yourselves until we can properly celebrate the long-awaited return to normality.

Isidore Partouche

Pour lire la suite de ce noodl, vous pouvez consulter la version originale ici.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Groupe Partouche SA published this content on 06 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2022 16:13:01 UTC.