The goal set was Euro 200 million. The Group's final consolidated turnover for 2014 will be Euro 211.8 million, an increase of 27.36% compared with 2013. This was a huge achievement in a difficult economic environment with the industry particularly under pressure in France, which constitutes the main outlet for pallets.
And the first six months of activity for the year 2015 show that this growth is continuing, in line with the goal of reaching Euro 500 million by 2020. This strong increase in 2014 is the result of several factors: organic growth stimulated by expansion through new sites, especially in the United Arab Emirates (PGS Middle East) and Morocco (PGS Morocco), and the setting up of partnerships or joint ventures, combined with external growth such as the acquisition of the Belgian company DE BACKER in January 2014.
The Group's most recent, and highly ambitious, programme is a three-year plan to roll out an ERP software suite across all 10 of its French sites for sawtimber and pallet manufacture.
"By implementing this new information system incorporating an innovative data management component we will further strengthen our processes both at each of our units in France and for our support services. In this way, we will increase our capacity for harmonisation and rationalisation of our activities so as to be even more efficient and closer to our customers," explains Pascal Mondet, General Manager of PGS France.
This programme, which got under way in October last year, will see the ERP system deployed at the first two production sites in the middle of the year and will be completed in 2017.
Founded in 1993, the PGS (Palettes Gestion Services) Group is the French and Belgian market leader in new and reconditioned wooden pallets, moulded presswood pallets and sawtimber for pallets.
