Information and communication
In order to provide accurate, comprehensive and reliable financial information to all its shareholders as well as the financial markets, PPR is increasing its information channels and formal and informal meetings.
Financial communications policy
The Group’s financial communications policy consists in disseminating accurate, reliable information. Its actions are targeted and customised to offer different audiences, individual shareholders and the financial community, messages suited to their respective needs while complying with the principle of equal access to information.
Individual shareholders have access to a number of media and tools providing updates on Group news and share performance, including the Shareholders’ newsletter, published twice a year, the dedicated PPR website (www.ppr.com), the Shareholders’ hotline (+ (0)1 45 64 61 22), e-mail (actionnaire@ppr.com), legal notices in the financial press and the Internet, the Annual Report and site visits.
The Group maintains close relations with the French and international financial community. A number of communication initiatives are designed to keep the financial community informed of the performance of its businesses, its strategy and its perspectives.
PPR has expanded its communication by organising conference calls at the release of quarterly sales figures, and meetings to present its annual and half yearly results.
PPR participates regularly in industry conferences held by major banks. All of these presentations are available on the Group’s Internet site. PPR also meets with investors during roadshows held in the major financial centres around the world.
In addition, the Group meets with individual investors and analysts upon request and maintains proactive relations in terms of reporting to the French Financial Markets Regulatory Authority, the AMF.
Internal control within the Group
Structured within each brand and at every level of the organisation, internal control is designed to help to ensure that the corporate and consolidated accounts accurately and objectively reflect the Group’s financial situation and to provide a reasonable assessment of the possible risks of all kinds that the Group may be likely to face.
The control framework is based on a set of policies, procedures and practices intended to control the risks likely to have a significant impact on the Group’s assets or the meeting of targets that fall within the following categories:
- implementation and optimisation of operations;
- reliability of financial information;
- conformity with the applicable laws and regulations.
Inclusion in the triple performance market indices
PPR is assessed by the main non-financial rating agencies. These agencies grade and rank companies according to economic, social and environmental criteria in order to create socially responsible market indices and investment portfolios.
Accordingly, PPR is listed in the FSTE4GOOD (Footsie for good) index, an international index created in 2001. It consists of a series of companies which have obtained good results with regard to sustainable entrepreneurship or which represent a particular sector that stands out through an aspect of sustainability.
The Group is in the ASPI (Advanced Sustainable Performance Indices) market index, which selects the 120 shares in the Europe zone with the highest Vigeo ratings in terms of their corporate social responsibility.
PPR Group is also in the Ethibel Excellence (Europe et Global) index. This index lists the pioneering companies as well as those whose performance is rated within the average of the sector, and which meet the financial criteria of the Ethibel methodological rule book