Shareholders Services Annual Shareholder Meeting Latest Report on the Annual General Meeting and the Extraordinary Meeting of Lagard re SCA on May 21, 2001. Our usual venue for this sort of occasion is la Villette, Paris' 'science city', which serves as a reminder of our close relationship with science and its progress. But today we are at the Louvre, a site that symbolizes French culture, and, as you know, the company for which you work is a world leader in the fields of media and cultural property. It could almost be said that education is the basis of our profession, our very essence. Without actually going so far as to say that this place is a symbol, our being here today is something of an indication of the importance we attach to the growth of your company in the areas of information and culture, areas in which you have high expectations of us. .
Television is also profitable.
Our last asset is the fact that we are a market leader in every field of activity in which we operate, with extremely strong brands and market shares. It's a position that has not changed, one that is unambiguous and one that does not give way to vertical integration, but which has led to our entering into partnerships so as to establish the legitimacy and profitability of our special-interest channels. But we must also aim to retain the equilibrium that we have reached in our profession, a stability that helps us retain our favourable image, with priority always given to digital media since it is an indispensable factor in our growth. In this field of activity, the results for 2000 are increasing sharply in terms of both operating income and turnover. This is one of our most reliable fields of activity, one that is growing and has a promising future.