Annual report & review 2006 - Shopic.com
Annual report & review 2006 - Shopic.com Annual report & review 2006 - Shopic.com
Review of 2006 14 Musgrave Group Plc Annual Report & Review 2006
Review of 2006 This is a year in which we have developed and strengthened our brands, expanded our product range, added new lines and continued to drive innovation in the quality of the in‐store experience. We have taken great strides in mixing the finest local and regional produce with quality international brands and foods, developing our own quality brands, enabling our retailers to offer consumers a more compelling shopping experience. We are delighted with the business performance in all our markets. We currently partner more than 3,000 locally‐owned stores through five trading divisions across three countries. During 2006, we continued to deliver to our retail partners an offer which is constantly evolving to satisfy consumer needs and which places dynamic entrepreneurial businesses at the heart of local communities. Achievements in 2006 included the ongoing expansion of the SuperValu, Centra and Daybreak retail brands in Ireland, progress with our strategy of divestment of Budgens outlets in Great Britain which is on target for completion by 2008 and the ongoing development of our retail partnerships in Northern Ireland and Spain. With the support, hard work and innovation of our people and our retailer partners we continue to improve standards of customer care and the all-round customer retail experience. The sales growth they have achieved is testament to the success of our partnerships. ‡ 15 Musgrave Group Plc Annual Report & Review 2006
- Page 1 and 2: Annual report & review 2006
- Page 3 and 4: Musgrave at a glance 4 Our Chairman
- Page 5 and 6: Musgrave at a glance hoW Do We SouR
- Page 7 and 8: Our Chairman’s statement WoRkING
- Page 9 and 10: Interview with our Group CEO Making
- Page 11 and 12: Interview with our Group CEO orderi
- Page 13: Interview with our Group CEO exciti
- Page 17 and 18: Our business is all about respondin
- Page 19 and 20: Review of 2006 Our innovative Marke
- Page 21 and 22: Review of 2006 Our business in Grea
- Page 23 and 24: Different & better - retailers & lo
- Page 25 and 26: Different & better - retailers & lo
- Page 27 and 28: Different & better - retailers & lo
- Page 29 and 30: Budgens Virginia Quay Providing a h
- Page 31 and 32: Different & better - retailers & lo
- Page 33 and 34: Different & better - consumers & co
- Page 35 and 36: Different & better - consumers & co
- Page 37 and 38: Different & better - consumers & co
- Page 39 and 40: to meet international best practice
- Page 41 and 42: Musgrave Group head office, Cork 41
- Page 43 and 44: Responsibility charitable support A
- Page 45 and 46: accordance with management’s auth
- Page 47 and 48: Our board of directors peter Musgra
- Page 49 and 50: Results Turnover amounted to €4,5
- Page 51 and 52: Finance review Taxation The effecti
- Page 53 and 54: Summary financial statements CONSOL
- Page 55 and 56: Summary financial statements Notes
- Page 57 and 58: Summary financial statements 5 Taxa
- Page 59 and 60: Summary financial statements 10 Ban
- Page 61 and 62: Summary financial statements 15 Rec
- Page 63 and 64: Summary financial statements Analys
Review of <strong>2006</strong><br />
14<br />
Musgrave Group Plc <strong>Annual</strong> Report & Review <strong>2006</strong>