Message from the Chairman
The RAR Group comprises a diversified portfolio of businesses, covering Food, Packaging, Real Estate and Services headed by RAR - Sociedade de Controle (Holding), S.A..

Despite operating in a turbulent economic and financial environment, the Group has been able to improve its operating performance and reduce its financial debt, which have been the focus for all the RAR Group companies.

The diversified portfolio and our aim to improve the competitive positions of the Group’s businesses, the continuous search for creation of innovative value solutions and the support of a strong, resilient and well prepared Team, allow us to face future challenges with confidence.

Even though we foresee the future as particularly challenging we believe it will be possible to continue to grow the Group´s main businesses, reinforcing their strength.

Nuno Macedo Silva