is to provide value, with stable and sustainable growth as our overriding objective. 1. Scalable business model with broad risk spread Shareholder value is based on our independent companies with their [...] increase sales and profitability. We combine the flexibility, personal touch and efficiency of small businesses with the resources, networks and long-term perspective of a large corporation. We are constantly [...] evolving and we understand the importance of continuously adapting our operations to the prevailing business climate. By exceeding our target of doubling our profits every five years, we have repeatedly proven