Page 8 - Parmalat 2017 Consolidated Statement
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Identity of the Company
Parmalat overview
Parmalat S.p.A., is a company on the Online Stock Exchange, controlled by the Lactalis Group since July 15, 2011,
with headquarters in Italy, in Collecchio (PR). The Parmalat Group is a world leader in the production and
distribution of foods that are irreplaceable for everyday wellness: milk and dairy products (yogurt, cream-based
sauces, desserts and cheese) and fruit beverages.
More than 26,000 people work at Parmalat locations in Europe, the Americas, Africa and Australia. The Group has a
direct presence in 24 countries and operates 93 production sites. Parmalat has a strong tradition of innovation and
develops high value-added products to improve the nutrition of its consumers. The Group’s product portfolio includes
global brands, such as Parmalat for milk and dairy products and Santàl for fruit beverages; international brands, such
as Zymil and Vaalia, used for functional products with a high value-added; other strong local brands, such as Beatrice,
Lactantia, Black Diamond and Astro in Canada; Pauls, Ice Break, Oak, Breaka, Harvey Fresh, Tamar Valley and Ski in
Australia; Centrale del Latte di Roma, Chef, Berna, Sole, Puro Blu and Carnini in Italy; Sorrento in the United States of
America; Balkis, Batavo, Boa Nata and Elegé in Brazil; Bonnita, Everfresh, Steri Stumpie and Melrose in South Africa;
Frica and La Campiña in Venezuela; Esmeralda, El Ciervo and Mariposa in Mexico; Galbani and Président, brands
licensed on an exclusive basis to the LAG Group, for the entire Western Hemisphere.
Mission
Parmalat is a food-industry group with a multinational strategy that seeks to increase the well-being of consumers
throughout the world. The ultimate purpose of the Group is to create value for its shareholders while adhering to
ethical principles of business conduct, to perform a useful social function by fostering the professional
development of its employees and associates, and to serve the communities within which it operates by
contributing to their economic and social progress.
The Group’s objective is to establish Parmalat as one of the top players in the global market for foods with high
value added, which deliver improved nutrition and wellness to consumers, and attain clear leadership in selected
product categories and countries with high growth potential.
Values of the Group
Parmalat is committed to achieving the highest standards of Corporate Governance and Social Responsibility
within the Group and complying with the principles of business ethics, honesty and fair dealing, with the utmost
respect for the laws governing its industry.
Parmalat’s fundamental values are:
1. Ambition
Performance, Continuous Improvement, Employee Training and Development.
2. Engagement
Entrepreneurship, Tenacity, Responsibility, Loyalty.
3. With simplicity
Accessibility, Transparency, Pragmatism.
1 The data and information contained in this chapter refer to the entire scope of consolidation of the Group's consolidated financial statements
at December 31, 2017, making them homogeneous with those listed in the Report on Operations.
8 Consolidated Non-financial Statement at December 31, 2017 Pursuant to Legislative Decree No. 254/2016