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Medium-term risks

[...] markets that require us to carefully manage cost and complexity and develop a good understanding of end-user segments. Failure in this area could have an immediate impact on market share and margins and could result in the company not realizing its financial guidance. Mitigating actions Continue our strategy to bring down our operational cost base and reduce complexity Leverage our Global Business Services to further standardize core functional processes in all regions Further deploy our commercial excellence programs and more sustainable product solutions to capture organic growth Develop alternative business models – e-commerce, partnerships with start-ups Have [...]

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