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ALMA: Strategic Program [ Return towards  Our strategy  ]

Air Liquide launched the ALMA program at the beginning of 2008. The program will enable the Group to accelerate its growth and improve its competitiveness in the coming years.

Medium term financial objectives

  • Increasing average annual revenue growth to between 8% and 10% through a sustained, selective investment program. 
  • Reducing costs by 600 million euros
  • Maintaining a profitable return on capital employed (ROCE) after tax between 11% and 12%.

Projects that directly improve performance

  • The Growth project, which concerns the acceleration of development. 
  • The Capital project, which aims to reduce the capital intensity of investments.
  • The Goal project, which enables continuous efforts in cost containment.

Transformational projects

ALMA also includes transformational projects to give all teams the momentum necessary to develop the Group’s practices: 

  • The Business Models project, which identifies opportunities for creating value, notably in emerging economies, and optimizes the Group’s traditional models. 
  • The HR Development project, which builds up the skills and motivation of the Group’s teams. 
  • The Integral project, which improves modes of operation and collective and individual work practices (such as working in project mode and documenting Group policies and sharing them among all employees). 
  • The Allegro project, which adapts and enriches the Group’s communications with its stakeholders to increase understanding of its activities and strategies, and ensures that the Group’s image matches its new ambition.