Page 57 - flipbook-ubp-IR

CORPORATE FINANCIAL GOVERNANCE STATEMENTS
SUMMARISING OUR STRATEGIC PERFORMANCE
OUR PERFORMANCE
UBP Group Pillars
This year has been eventful for the Group, with the implementation of major strategic decisions. Despite the multiple challenges faced by our companies and their personnel, the Group seized the invaluable opportunity to reinforce its positioning. Our significant achievements are as follows:
In October 2021, we increased our stake in Premix from 49% to 100%.
The Group simultaneously increased its shareholding in Drymix from 54.6% to 71.8%.
In June 2022, UBP signed an exclusivity agreement for the acquisition of several companies operating in the same line of business as UBP in Reunion Island. Subsequent to this, a Share Purchase Agreement (SPA) was signed in July 2022, subject to the satisfactory completion of conditions precedent.
Since March 2022, we have been actively engaged in improving the synergy and efficiency of our commercial teams by bringing together all the sales forces of UBP, Premix and Drymix to facilitate cross-selling between our entities and offer a seamless and enhanced customer experience across our businesses.
All our companies undertook the ‘Service Excellence’ training offered by IBL Group. Designed by Ron Kauffman, author of ‘Uplifting Service’, the training sessions aligned us around the same language and allowed us to build a common service methodology for the whole Group.
UBP Company
UBP has proven its resilience despite the impact of Covid-19 and the ensuing challenges faced by the construction industry.
The construction industry trends are rapidly changing, as are the global market conditions, thus requiring close and continuous monitoring. As such, our technological watch enables us to keep abreast of the latest offers, innovations and business landscape.
The Health and Safety function has been reinforced with the recruitment of a Group Health, Safety and Environment Manager to ensure adherence to and compliance with health and safety practices within the workplace.
A new Customer Care Centre was set up for our core business, with a free Hotline (800 1122) delivering prompt assistance to our customers.
Pillars
Premix
The activity of the company was integrated under the UBP Group in October 2021.
Our brand image was reinforced and a new communication plan is being rolled out to strengthen our B2C and B2B positionings.
A new capital expenditure investment was approved by the Board of Directors to renew our production software, our production plants and our delivery fleet.
Pillars
UBP INTEGRATED REPORT 2022
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