At its Annual General Meeting, Foyer S.A. announced an important milestone in its governance: after 21 years of service within the Group, including 11 as Managing Director, Marc Lauer stepped down from his executive role and was appointed Chairman of the Board. His unwavering commitment and pivotal role in transforming and developing the Group over the past two decades were recognised with deep appreciation by the entire Board.

He succeeds Eric Kleynen, Chairman since 2023 and Board member since 2021, whom the Board sincerely thanks for his dedication.

As part of a transition initiated in early 2024, Marie-Hélène Massard today takes over as Managing Director and CEO of the Group. She will be responsible for continuing the development of Foyer with ambition and responsibility, in a profoundly evolving environment.

Alongside these changes, the Board also acknowledged the departure of Romain Becker, a member since 2000, and expressed its warm appreciation for his active and committed contribution, while welcoming the appointment of Antonio Caño and Hugo Lasat as new Board members.

It has been the experience of a lifetime. Since 2004, Foyer has seen remarkable growth, but above all, we have preserved what makes us strong: a solid corporate culture founded on strong values. I am proud and pleased to hand over to Marie-Hélène, and I am confident she will take the Group even further

Marc Lauer, Chairman of the Board of Foyer S.A.

It is an honour to succeed Marc, who has left a lasting, rich and inspiring mark on Foyer’s history. Since joining the company, I’ve come to see how unique Foyer is – driven by human values, long-term vision and a strong entrepreneurial spirit. With the teams, I am determined to continue the development he initiated, while staying true to what defines the Group’s strength and identity.

Marie-Hélène Massard, Managing Director and CEO of Foyer S.A.

Proven stability in an uncertain environment

Shareholders also approved the 2024 financial statements of Foyer S.A. In a context marked by high market volatility, persistent geopolitical tensions, and structural challenges for the sector, the Group reported stable results, reflecting its resilience and adaptability.

Revenue, established according to Luxembourg accounting standards, amounted to €3,493.2 million, nearly 70% of which was generated through the freedom to provide services regime, in more volatile, lower-margin markets. Excluding this technical impact, growth reached +7.7%. Consolidated profit after tax totalled €155.4 million, in line with the previous year. Shareholders’ equity remains strong, supporting the Group’s resilience.

In a rapidly changing world, Foyer’s shareholders, Board of Directors, employees and agents reaffirm their confidence in the Group’s future, guided by long-term vision, disciplined management and an entrepreneurial spirit embedded in its DNA for over 100 years.