“CIS, a story of conviction, passion and boldness.”

 

2020 was impacted by an unprecedented global health crisis that brought the world through a virtual standstill. While ensuring safety has always been a top priority of CIS Group, this year it acquired even greater importance.

Very quickly, we were required to draw upon resources of our entire organisation, from the Board of Directors to the employees of our operating sites. This enabled us to rapidly adopt the necessary measures to maintain our activities and ensure the safety of our employees and customers in the face of the sudden global emergence of Covid-19.

I am particularly proud of and grateful for the efforts, courage, perseverance, expertise and devotion demonstrated by our teams throughout the world during this unprecedented pandemic. They continued to ensure their day-to-day duties without interruption or difficulties while health security was reinforced. This allowed the Group to meet its target for revenue of €287.8 million at constant currency or growth of 8.3%.

The medium and long-term outlook continues to be very positive in all sectors, whether gas and oil, mining or construction and civil engineering. Indeed, during this crisis operations have continued with virtually no interruptions at every phase of production. In addition, the mining sector continues to be very robust and many developments in the pipeline will provide significant opportunities for growth.

"I am particularly proud of and grateful for the efforts, courage, perseverance, expertise and devotion demonstrated by our teams throughout the world during this unprecedented pandemic. They continued to ensure their day-to-day duties without interruption or difficulties while health security was reinforced."

Despite this unprecedented context, my objective for the Group and our strategy remain clear:
1. Continue to roll out innovative services

Certain services originating from new technologiesare becoming essential.
2. Increase our development
By developing strategic alliances with local players, by leveraging our historic geographical reach to strengthen our market positions and by continuing to expand into new countries and regions, wherever there exist positive growth drivers for the Group.
3. Seize upon all external growth opportunities
Both within the market for remote site management where the Group’s position as an important global player is increasing, to acquire new customers and/or to expand into new territories, But also, with all companies possessing innovative technologies capable of offering high added value to our international customers.

"In 2020, CIS developed a unique Group offering of innovative solutions under the smart4you brand built around the 4 pillars of security, well-being, performance and processes."

To meet these challenges, CIS offers important value-added differentiation:
- A long-standing track record: building on its core business as a provider of catering and accommodation services in extreme environments, CIS has gradually diversified its offering by developing facility management services as well as high performance cleaning and disinfection services.
- Expanded geographical coverage: CIS operates in 19 countries across five continents and is currently looking to expand into North America.
- Partnerships contributing to local social economic development: the principles and values of security, integrity, ethics and social and environmental responsibility are integrated in the Group’s processes.

- A continuous focus on developing innovative solutions: we must constantly innovate and reinvent ourselves. This requires creativity, agility and the capacity to fully integrate the new applications for digital technologies in addressing the needs of our customers. In 2020, CIS developed a unique Group offering of innovative solutions under the smart4you brand built around the 4 pillars of security, well-being, performance and processes.This global health crisis confirmed the Group’s resilience and the relevance of our business model.

In 2020, our business grew, our operating profitability improved and we were successful in signing new contracts. Finally, the Group today benefits from strong corporate governance in which I have full confidence, an enduring family shareholder base and operational teams of the highest quality, combining courage, expertise, devotion and a deep-rooted commitment to the Group’s values. I wish to extend a very special thanks to them in particular as well as all our shareholders, for their confidence and support.

Régis Arnoux
Founder & Chairman-Chief Executive Officer

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