Blog > News > Question of the month to Frédéric Froissart

Question of the month to Frédéric Froissart


The year 2020-2021 is marked by an exceptional health context.

How does this crisis affect CGP COATING INNOVATION?

La question du mois à Frédéric Froissart

FREDERIC FROISSART | Managing Director

The economic crisis triggered by Covid-19 has turned the situation of economic players upside down. VSEs and SMEs seem to be the hardest hit, but this time, the major groups, which generally fare better, have also seen their results collapse in the first part of 2020, even though their balance sheets remain solid.

Whereas in 2008, the economic and social crisis rapidly led to a large number of redundancies and a further weakening of French industry, the situation is different this time around. Many companies are now on a “drip” from the financial system, with the State able to support private agents thanks to the abundance of liquidity made possible by zero-interest debt, which was not the case in 2008.

For our part, we quickly learned three lessons from the crisis:

  1. Being an international, diversified group is a major asset

  2. It’s essential to rely on collective intelligence.

  3. We need to be agile in order to adapt in difficult times and maintain our ability to bounce back.

Since the beginning of the crisis, CGP COATING INNOVATION has been careful to honor its payment deadlines with all its suppliers, so as not to risk weakening them. At the same time, we have set up a system for monitoring suppliers at risk, as well as customers at risk, in order to anticipate any crisis situation that could be detrimental to all concerned.

Our good results for the 2020 financial year, notably an increase in operating income, have demonstrated the Group’s performance and resilience.

Financial indicators remain on a positive trend, and the Group benefits from customer confidence, which is not necessarily the norm in these turbulent times.

Stabiliser et sécuriser

Stabilise and secure

Estabilizar y asegurar

Stabiliseren en vastzetten

Estabilização e segurança

Stabilizzazione e fissaggio

Stabilize etme ve emniyete alma

Optimiser

Optimise

Optimice

Optimaliseren

Otimizar

Ottimizzare

Optimize edin

Palettiser

Palletising

Paletización

Palletiseren

Paletização

Pallettizzazione

Paletleme

Environnement

Environment

Medio ambiente

Milieu

Meio ambiente

Ambiente

Çevre

Descubra também...

Newsletter

Retrouvez toutes nos actualités à travers nos newsletters afin d’être informé de nos innovations, nouveautés sur toutes nos solutions, participer à nos événements.

Newsletter

Find all our news through our newsletters to be informed of our innovations, news on all our solutions, participate in our events.

Newsletter

Find all our news through our newsletters to be informed of our innovations, news on all our solutions, participate in our events.

Newsletter

In unseren Newslettern finden Sie alle Neuigkeiten, um über unsere Innovationen und Lösungen informiert zu werden, und können an unseren Veranstaltungen teilnehmen.

Newsletter

Retrouvez toutes nos actualités à travers nos newsletters afin d’être informé de nos innovations, nouveautés sur toutes nos solutions, participer à nos événements.

Newsletter

Nuestros boletines le mantienen al día de las últimas innovaciones, nuevos productos y eventos.

Boletim informativo

Encontre todas as nossas novidades através das nossas newsletters para estar a par das nossas inovações, notícias sobre todas as nossas soluções, participar nos nossos eventos.

Newsletter

Nuestros boletines le mantienen al día de las últimas innovaciones, nuevos productos y eventos.

Haber Bülteni

Yeniliklerimizden haberdar olmak, tüm çözümlerimizden haberdar olmak, etkinliklerimize katılmak için bültenlerimiz aracılığıyla tüm haberlerimizi bulun.

Newsletter

Scoprite tutte le nostre novità attraverso le nostre newsletter per essere informati sulle nostre innovazioni, le notizie su tutte le nostre soluzioni, partecipate ai nostri eventi.