HMV Group plc
Annual report and accounts 2008
Strategy update
We completed the first year of our turnaround plan ahead of our expectations, having stabilised the Group’s operating and financial performance and made good progress on all of the strategic initiatives contained within our three-year plan.
From the Chairman
Recognising the structural changes taking place in our markets, we now have a clear vision of how to grow in new channels and exploit alternative formats to re-balance our business.