brt schreef op 28 oktober 2023 13:02:
Keffertje, uit de earnings call:
seekingalpha.com/article/4644491-onte...Gustavo Calvo PazOkay. Very good. So, on -- regarding the actual business performance in the emerging markets and the sustainability of that, we certainly believe on that because, yes, it's through strong cost savings that we -- and refocusing during this year on our portfolio and working on the cost savings there. And also we have made strong market gains, market share gains in certain categories where we have put the focus. So we certainly have the total confidence that are sustainable and we can keep always improving. So that's on the answer on how sustainable they are.
Yes, they are, you know, structurally -- structural changes in the way that we are doing the business in the emerging markets. And especially in Brazil with a strong recovery and making expanding the business in certain categories where we put the focus, launching new products and, yes, all that combined and a strong team that we have in place, good financial performance, good cash flow give us confidence also in the selling process that we are restarting.
So, how -- when do we see that? We are starting the selling -- the relaunch of the selling process at this moment for Brazil and for Turkey. And we are progressing -- we are start progressing during this year, the rest of this year. And, and yes,
we have expectations for closing those prospects by '24 -- beginning '24. So we'll see how it evolves, but we are confident based on the results and the interest shown so far.