For GL TRADE, 2006 was a transition year. The group swung back into growth in its historical trading business thanks to double-digit performances in Asia, the United States, the countries of Eastern Europe, and the stabilisation of its contract base in southern Europe, where it has significant market share. GL TRADE also accelerated the development of middle and back office activities acquired since 2003, notably in the United States.
These results affirm the Group’s strategy of combining organic growth for existing products, the rapid integration of products acquired through acquisitions and a worldwide distribution network, thanks to an extensive commercial network.
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