Group Management Report In the 2015 fiscal year, we achieved ambitious sales and profitability results once again despite the challenging and turbulent environment in the sales markets important for us. We benefitted not only from our close relationships with customers and our employees’ extensive knowhow, but also from positive exchange-rate effects. In conjunc- tion with our solid financial situation, we are in an excellent position to continue on the road to further success. Group Basics Business Development Innovation and Employees Subsequent Events Expected Developments 35 41 53 57 57
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