Vision & Strategy

Five years after the death of our founder, we can say that the company remains strong, that it has consolidated its fundamentals and has continued to grow in all countries worldwide.

Pierre-Yves REVOL Chairman of Pierre Fabre Participations
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For five years, we have made huge efforts in the transformation that will prepare us for future challenges.

Bertrand PARMENTIER Group CEO
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PURSUING OUR SOCIALLY RESPONSIBLE APPROACH

Commitment

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The shareholding structure of the Group, mainly held by a government-recognized public-interest foundation, gives us the independence we require to ensure our activities are in line with a long-term vision and encourage responsible growth. We thus place the importance of corporate social responsibility (CSR) at the heart of our development model, loyal to the humanist and civic values of our founder.

In 2015, AFNOR Certification, an independent organization, assessed our CSR approach according to the AFAQ 26000 method and granted us the level “exemplary,” which was a first for a French company with over 10,000 employees.

DEVELOPING FROM HEALTH TO BEAUTY WHILE REINVENTING OURSELVES, TRUE TO OUR VALUES

Strategy

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In 2017, the Pierre Fabre Group generated €2,318 million of revenues. The Group notably benefits from its presence in the main emerging countries where the pharmaceuticals and cosmetics markets are experiencing strong growth that is set to continue over the coming years.

 

Trajectoire 2018

 

In December 2014, the Pierre Fabre Group presented its new strategic plan, named TRAJECTOIRE 2018, based on innovation, international development and sustainable value creation. Ever since, we have been implementing the plan.

To achieve these objectives, we have defined 6 priorities, which are each covered in a road map and have operational milestones:

  1. Improve prescription drugs’ operational and financial room for maneuver
  2. Build a strong multi-local Consumer Health Care franchise
  3. Reinforce the positioning of Dermo-Cosmetics by strengthening its brand portfolio around Eau Thermale Avène and gaining market shares
  4. Glocalize the from Health to Beauty model, namely by promoting the Pierre Fabre promise on a broader range of channels and by enriching digital content
  5. Better serve our growing markets
  6. Make our operational model more efficient by improving the robustness of our processes, the productivity of our processes, the productivity of our tools and the agility of our organization

ACCELERATING INTERNATIONALIZATION AND INNOVATION

PHARMACEUTICALS

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Originating in the pharmaceuticals sector over 50 years ago, we are continuing to develop our pharmaceuticals business, with a desire to provide patients with treatments in the following areas: Oncology, Ethics and Consumer Health Care.

We have over 30 years of experience in oncology, for which we control the whole value chain.

Frédéric DUCHESNE CEO Pierre Fabre Pharmaceuticals
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LEADER IN ETHICAL BEAUTY

Dermo-cosmetics

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As the inventor of dermo-cosmetics, Pierre Fabre Dermo-Cosmetics offers innovative skin care and hair care solutions following a sacrosanct principle: making beauty ethical. As the only international dermo-cosmetics player present in the field of therapeutic dermatology, we are making this activity the flagship for our relationship with dermatologists.
Over 65% of our sales are now made outside France, following 2015, a year in which our international sales grew by almost 15%

We have opened 11 subsidiaries since 2013 and have recruited over 3,000 employees outside of France.

Éric DUCOURNAU, CEO Dermo-Cosmetics Division
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TARGETED GLOBAL EXPANSION

International

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Through a network of subsidiaries in 47 countries, including all the major emerging markets, and distribution of our products in 132 countries, we are generating 61.5% of our net sales in foreign markets. In total, 6,918 people are employed outside of France.

PERCENTAGE OF NET SALES ABROAD

INTERNATIONAL FOOTPRINT THROUGH  
  SUBSIDIARIES AND OFFICES

in 47 countries
on all 5 continents

ALGERIA • ARGENTINA • AUSTRALIA • AUSTRIA • BELGIUM • BRAZIL • BULGARIA • CANADA • CHILE • CHINA • CZECH REPUBLIC • DENMARK • DUBAI • FINLAND • FRANCE • GERMANY • GREAT BRITAIN • GREECE • HONG KONG • INDIA • ITALY • IVORY COAST • JAPAN • LEBANON • LUXEMBOURG • MADAGASCAR • MEXICO • MOROCCO • NETHERLANDS • NORWAY • POLAND • PORTUGAL • RUSSIA • SENEGAL• SINGAPORE • SLOVAKIA • SOUTH AFRICA • SOUTH KOREA • SPAIN • SWEDEN • SWITZERLAND • TAIWAN • TUNISIA • TURKEY • UNITED STATES • URUGUAY • VIETNAM

 

STRATEGIC PRIORITIES & RELATED ISSUES