2. Business Strategy Las mejoras y desarrollos en el mercado Cosmticos naturales y I have used them in a lot of my personal research work.-Mudassir KhanAccounting and Business, Melbourne Polytechnic, Here the research is to-the-point, no beating round the bush. Sanofi has three principal activities: Pharmaceuticals, Consumer Healthcare (CHC) and Vaccines via Sanofi Pasteur. Increasing availability of Counterfeit drugs, 1. Recommendations, Figure 1 Tesco Corporate Governance Structure You can download the paper by clicking the button above. Table 113. The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions: The market is segmented based on the type, product, end users, raw materials, etc. To browse Academia.edu and the wider internet faster and more securely, please take a few seconds toupgrade your browser. All the interviews are conducted across the globe. Pricing pressures due to concentration of the US market: The United States is one of the major markets for global drug makers. Inquire more and share questions if any before the purchase on this report at -https://www.360researchreports.com/enquiry/pre-order-enquiry/20765220. This trend is expected to remain a significant factor in increasing the demand for the products throughout the forecast period. The attractive growth rate of Consumer Packaged Goods (CPG) owes to the change in the household consumption basket of goods. Another factor is the increasing promotional activity of CPG products. Environmental liabilities and Evolving regulations, Will strengthen Sanofis presence in treatments for rare diseases, The deal expands new Rare Blood Disorders franchise for Sanofi and strengthens its R&D platform, Sanofi Segmentation, Targeting and Positioning (STP) Analysis. You can also contact MarketWatch Customer Service via our Customer Center. LOral 9.43% (Voting rights 16.95%), BlackRock 5.68% (Voting rights 5.11%). 9.7.1 Overview 9.7.2 Financial Performance 9.7.3 Product Outlook 9.7.4 Key Developments, 9.8 Kweichow Moutai Co., Ltd. 9.8.1 Overview 9.8.2 Financial Performance 9.8.3 Product Outlook 9.8.4 Key Developments, 9.9 L'Oral S.A. 9.9.1 Overview 9.9.2 Financial Performance 9.9.3 Product Outlook 9.9.4 Key Developments, 9.10 Colgate-Palmolive Company 9.10.1 Overview 9.10.2 Financial Performance 9.10.3 Product Outlook 9.10.4 Key Developments, 10 KEY DEVELOPMENTS 10.1 Product Launches/Developments 10.2 Mergers and Acquisitions 10.3 Business Expansions 10.4 Partnerships and Collaborations. PCORnet, a distributed research network. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts. Table 2 Tesco segmentation, targeting and positioning for Technika TV Evolving regulation across the world has made both establishing a manufacturing plant and maintaining it a challenging task. It shows top industry sales revenue with growth patterns, CAGR status, future forecast details in terms of value and volume. ET Sanofi SWOT and PESTLE analysis has been conducted by Pavankumar S and reviewed by senior analysts from Barakaat Consulting. SWOT Analysis ANNA SUI Basic Information, Manufacturing Base and Competitors. The customer packaged goods sector has significant market saturation and low consumer switching costs, as the consumer can simply substitute their product with a cheaper available product on the market. They helped me with my custom research and delivered before time! 7.3 Elements of Tesco Marketing Strategy Nail Accessories, Anti-Nail Biting Polishes, Nail Color Removers, Nail Strengthener and Treatment, Artificial Nails. Are you looking for a report which is not covered on our website? Interpretivism (interpretivist) Research Philosophy, Segmentation, Targeting & Positioning (STP). Furthermore, it gives a clear understanding of market with respect to supply-demand scenario, manufacturing cost structure, gross-margin, price trends analysis, upstream and downstream analysis with various industry prospects. Our research shows that outperformers seek growth in every dimension which is core expansion, geographic, up and down the value chain, and in adjacent spaces. PESTEL Analysis For example, new regimes in Europe include REACH, CLP/GHS SEVESO, the waste Framework Directive, and the Directive on Taxation of energy products and electricity and several other regulations aimed at global warming. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. L'Oreal SWOT - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for free. Please refer to the Terms and Conditions and Disclaimer for usage guidelines. Food and beverage is expected to increase the most during the forecasted period due to the change in consumer habits. Organizational Structure Porters Five Forces Analysis And Sanofi has spent 67 million on rehabilitating sites previously contaminated by soil or groundwater pollution. Who are the key market players and their key competitors? Moreover, closer look into the notes of annual report reveals that company has provision of 685 million as of December 31, 2017 for the legacy of environmental pollution. Grow your business. The MarketWatch News Department was not involved in the creation of this content. Get the PDF Sample Copy (Including FULL TOC, Graphs, and Tables) of this report @: https://a2zmarketresearch.com/sample-request. Economic affect pharmaceutical industry - https://bizfluent.com/list-6865506-economic-affect-pharmaceutical-industry-us-.html. This will help in increasing the accuracy of the data collected, decrease the cost of clinical trial, and decrease the time of clinical trial selection process. The COVID-19 pandemic has impacted every industry such as Aerospace & Defence, Agriculture, Food & Beverages, Automobile & Transportation, Chemical & Material, Consumer Goods, Retail & eCommerce, Energy & Power, Pharma & Healthcare, Packaging, Construction, Mining & Gases, Electronics & Semiconductor, Banking Financial Services & Insurance,ICT and many more. Therefore, all points that do not relate to academic needs of business students are left out. 2. Key inclusions of the Anti-wrinkle Creams market report: The report delivers a comprehensive study of all the segments and shares information regarding the leading regions in the market. The Case Analysis of LOreal Corp. as Market Leader (1) Daniel Pandapotan Marpaung. In 2018, Mylan and Biocon have also secured EU approval for their their biosimilar for Sanofis Lantus which will further impact the company. On the basis of product type this report displays the production, revenue, price, market share and growth rate of each type, primarily split into: On the basis of the end users/applications this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including: Alcohol Antimicrobials Conditioner and Moisturizer Fragrances Paraben and Propellants Others. Foundation Cream Market 2022 : Future Developments, Key Vendors, Regional Analysis and Industry Scope by 2029 Published: Oct. 18, 2022 at 12:09 a.m. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Continue Reading. The competitive environment in the market will intensify further with launch of new product/service, and M & A. 2013) Strategy to promote cosmetics product. Competitive landscape and component benchmarking, Market revenue estimates and forecast up to 2027, Market revenue estimates and forecasts up to 2027, by technology, Market revenue estimates and forecasts up to 2027, by application, Market revenue estimates and forecasts up to 2027, by type, Market revenue estimates and forecasts up to 2027, by component, Regional market revenue forecasts, by technology, Regional market revenue forecasts, by application, Regional market revenue forecasts, by type, Regional market revenue forecasts, by component, Impact on each country and various region, Positive and negative scenarios of the market during the ongoing pandemic, Impact on various sectors facing the greatest drawbacks are manufacturing, transportation and logistics, and retail and consumer goods. Tescos mission statement is to be the Download. How do I receive the report? 3. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors Provision of market value (USD Billion) data for each segment and sub-segment Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions Includes in-depth analysis of the market from various perspectives through Porters five forces analysis Provides insight into the market through Value Chain Market dynamics scenario, along with growth opportunities of the market in the years to come 6-month post-sales analyst support. 2. Tesco business strategy can be described as cost leadership with a focus on availability, range and customer service. This report contains the table contents only. The SWOT analysis, compiled by industry experts, Industry Concentration Ratio and the latest developments for the global Antiperspirant and Deodorant market share are covered in a statistical way in the form of tables and figures including graphs and charts for easy understanding. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. We appoint data triangulation strategies to explore different areas of the market. They can also use the online reporting software to understand the different key performance indicators. Leadership The global Anti-wrinkle Creams market has immense growth opportunities that key vendors can tap, especially in the developed regions. Based on Distribution Channel, The market is classified into Off-line and Online. Sanofi has invested in developing the big data platform DARWIN, which helps Sanofi to collect and analyse the real world unstructured data to get meaningful determinants to treat diseases. Organized mentions of major market trends. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. The report also covers monetary and exchange fluctuations, import-export trade, and global market. Open navigation menu. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective. 5.1 Strengths WebDownload Free PDF. How can I use the report to complete my academic assignment/research? Despite a reduction in rates and increased negotiations, Sanofi suffered a setback in 2016 when CVS and UnitedHealthcare (UHG) announced that it would exclude Lantus/ Toujeo from commercial and MMC (Medicaid Managed Care) template. Sustainability initiatives for reducing environmental footprint: Sanofi has taken many initiatives to reduce greenhouse gases(GHG) and reduce water consumption in manufacturing sites. Keep it up! Initially, the analyst estimated revenue of $6.1 billion for Praluent, but Sanofi has lost both first mover advantage and patent due to intense competition from Amagen and new product introduction by Pfizer in next two years, and analyst have revised their estimates. Interviews have the capability to offer critical insights about the market. I pay for groceries. Reach thousands of academicians and corporates across the globe. Download Free PDF. Sanofi has taken step towards responsible use of water and Management of wastewater discharge by establishing strict operational procedures. El desarrollo de lneas de produccin con fines de investigacin y tamao, aumento constante en el enfoque de los fabricantes a sus costos operativos junto con un enfoque aumentado y las tendencias clave que estn vinculadas WebIMARC Group provides an analysis of the key trends in each sub-segment of the global skin care products market, along with forecasts at the global and regional levels from 2022-2027. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites. Along with aforementioned steps Sanofi has joined Science-Based Targets initiative (SBTi) with a focus on aim of carbon reduction. Nail care has become an integral part of personal grooming, with nail polish and nail art becoming particularly popular in the corporate and fashion sectors. SWOT Analysis A. 9.2 Support Activities Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the Antiperspirant and Deodorant Market. Advantages and disadvantages of direct and indirect sales channels. Sanofi SWOT & PESTLE Analysis - SWOT & PESTLE.COM. As the entire world is picking up the pace inside the global Dispositivos para el cuidado de la piel del consumidor marketplace, the importance of an industry that circumscribes a marketplace if you want to allow the kinds with sustainability of the market environment has come to sunlight hours. Statistical analysis pertaining to market size, sales volume, and overall industry revenue. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Reach thousands of academicians and corporates. This would lead to increase in costs for Lantus/ Toujeo for patients under CVS and UHG, thus reducing its effective sales. Figure 5 Changes in Tesco advertising budget Moreover, the report contains analyses of Tescos business strategy, leadership and organizational structure and its marketing strategy. Table 3 Tesco CSR performance. This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. - Growing Market Size and Evolving Preferences of Consumers Over the last decade and half the market size has grown at brisk pace. The report covers major geographical regional analysis based on type, applications and end-user analysis. Our latest research, perspectives, and insights on the management issues that matter most to the companies and organization about the market, which is leading through the COVID-19 crisis to managing risk and digitizing operations to deliver trusted information and experiences to the decision makers. 1. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. Some of the Top companies Influencing this Market include:Unilever, Amway, LOreal, China Glaze, Oriflame, P&G, Channel, Revlon, COTY. WebTesco PLC is a UK-based global supermarket chain and it has 7817 shops and 517,802 employees around the world. traffic boynton beach. It gives the markets outlook by giving authentic data to its client which helps to make essential decisions. 6.1 Political Factors Environmental liabilities and Evolving regulations: Stricter environment and safety laws could result in substantial increase of the cost and moreover, if a hazardous event occurs, potential monetary loss and damage to brand is very high. Sanofi sells prescription drugs mainly to wholesale drug distributors and rare disease products are also sold directly to physicians. Company reports are produced to assist with academic works of business students in particular. 11.2 Analysis and Suggestions on New Project Investment. Antiperspirant and Deodorant Market - Regional Analysis: Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Antiperspirant and Deodorant in these regions, from 2015 to 2029, covering, This Antiperspirant and Deodorant Market Research/Analysis Report Contains Answers to your following Questions. This Nail Care Products research report throws light on the major market players thriving in the market; it tracks their business strategies, financial status, and upcoming products. * By clicking on "Buy Now" you agree to accept our ", On purchase the Sanofi SWOT & PESTLE Analysis PDF report will reach you. 7.3.6 Personal Selling As well as providing an overview of successful marketing strategies, market contributions, and recent developments of leading companies, the report also offers a dashboard overview of leading companies' past and present performance. 5.4 Threats This report also states import/export consumption, supply and demand Figures, cost, industry share, policy, price, revenue, and gross margins. 6.4 Technological Factors Furthermore, the report provides detailed cost analysis, supply chain. 6.6 Legal Factors ET 13 Research Finding and Conclusion. The opportunities and threats present in the future for the key market players have also been emphasized in the publication. This report is shared in order to give you an idea of what the complete Segmentation, Targeting and Positioning (STP) Analysis Report will cover after purchase. , , . Digitization, artificial intelligence and technological breakthroughs: Sanofi is leveraging the big data to cut time taken in development of therapies. Nars SWOT Analysis . What are the strategies for growth adopted by the key players in Anti-wrinkle Creams market? [online] Available at: https://www.swotandpestle.com/sanofi/ [Accessed 03 Nov, 2022]. The number of new companies releasing their products and SKU extensions to the market has expanded. As the effect of COVID-19 spreads, the overall market has been impacted by COVID-19 and the growth rate has also been impacted in 2019-2020. What are the key market trends impacting the growth of Anti-wrinkle Creams market. The in-depth market segmentation analysis helps identify the prevailing market opportunities. Introduction 3. In the end, this Nail Care Products report helps to save you time and money by delivering unbiased information under one roof. This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. The Summary report contains the SWOT & PESTLE table contents only. We also collect and mix the data from our previous market research reports. Different demographics are analyzed individually to give appropriate details about the market. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. Indeed, as we said in the introduction, the group is present in more than 150 countries and is positioned among the world leaders in the cosmetics sector. An analysis of the current market designs and other basic characteristics is provided in the Nail Care Products report. 1 INTRODUCTION OF GLOBAL CONSUMER PACKAGED GOODS (CPG) MARKET 1.1 Overview of the Market 1.2 Scope of Report 1.3 Assumptions, 3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH 3.1 Data Mining 3.2 Validation 3.3 Primary Interviews 3.4 List of Data Sources, 4 GLOBAL CONSUMER PACKAGED GOODS (CPG) MARKET OUTLOOK 4.1 Overview 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Porters Five Force Model 4.4 Value Chain Analysis, 5 GLOBAL CONSUMER PACKAGED GOODS (CPG) MARKET, BY TYPE 5.1 Overview 5.2 Food and Beverage 5.3 Personal Care and Cosmetics 5.4 Household Supplies 5.5 Wholesale distribution 5.6 Agricultural products 5.7 Others, 6 GLOBAL CONSUMER PACKAGED GOODS (CPG) MARKET, BY DISTRIBUTION CHANNEL 6.1 Overview 6.2 Off-line 6.3 Online, 7 GLOBAL CONSUMER PACKAGED GOODS (CPG) MARKET, BY GEOGRAPHY 7.1 Overview 7.2 North America 7.2.1 U.S. 7.2.2 Canada 7.2.3 Mexico 7.3 Europe 7.3.1 Germany 7.3.2 U.K. 7.3.3 France 7.3.4 Rest of Europe 7.4 Asia Pacific 7.4.1 China 7.4.2 Japan 7.4.3 India 7.4.4 Rest of Asia Pacific 7.5 Rest of the World 7.5.1 Latin America 7.5.2 Middle East and Africa, 8 GLOBAL CONSUMER PACKAGED GOODS (CPG) MARKET COMPETITIVE LANDSCAPE 8.1 Overview 8.2 Company Market Ranking 8.3 Key Development Strategies, 9.1 Nestle SA 9.1.1 Overview 9.1.2 Financial Performance 9.1.3 Product Outlook 9.1.4 Key Developments, 9.2 Anheuser-Busch InBev SA/NV 9.2.1 Overview 9.2.2 Financial Performance 9.2.3 Product Outlook 9.2.4 Key Developments, 9.3 Procter & Gamble Co. 9.3.1 Overview 9.3.2 Financial Performance 9.3.3 Product Outlook 9.3.4 Key Developments, 9.4 The Coca-Cola Co. 9.4.1 Overview 9.4.2 Financial Performance 9.4.3 Product Outlook 9.4.4 Key Developments, 9.5 PepsiCo Inc. 9.5.1 Overview 9.5.2 Financial Performance 9.5.3 Product Outlook 9.5.4 Key Developments, 9.6 Heineken N.V. 9.6.1 Overview 9.6.2 Financial Performance 9.6.3 Product Outlook 9.6.4 Key Developments, 9.7 Unilever plc. Marketing Strategy Is there a problem with this press release? Once you finished the case analysis, time line of the events and other critical details. It faces challenges from P and Milliner, but announced that it has exciting launches in the pipeline. Antiperspirant and Deodorant Market Report identifies various key players in the market and sheds light on their strategies and collaborations to combat competition. In case you want this report emailed straight into your email inbox, kindly share your details below. The presence of large, small, and local vendors in the market creates competitive environment. According to Zhigang Tao, Li Dongya of L'Oreal: Expansion in China case study, L'oreal Cosmetics can use this trend to expand in adjacent areas Emerging markets, Growth strategy, Mergers & acquisitions. Copyright 2022. The market is also likely to increase due to the micro-segmentation of consumers pushing new product launches. WebNestl Purina Petcare (/ p j r i n /), or simply Purina, is an American subsidiary of the Swiss corporation Nestl, based in St. Louis, Missouri.It produces and markets pet food, treats, cat and dog litter.Some of its pet food brands include Purina Pro Plan, Purina Dog Chow, Friskies, Beneful and Purina One.The company was formed in 2001 by combining However, we may send you emails on our new reports and solutions. This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. 3. The PESTLE/STEEPLE/PESTEL Analysis for Sanofi is presented below: Source: Company website and other reliable sources. Figure 7 Market share of grocery retail chains in the UK from January 2015 to April 2016 27 Environmental, Social, and Governance (ESG) Analysis Report. Cuts down my effort to surf through heaps of redundant data.-Alexandra MookiMajor in Business Administration, Carnegie Mellon University, This website has an amazing support team. The Major players covered in the Antiperspirant and Deodorant market report are: Henkel Church and Dwight Revlon Unilever Tom's of Maine Raymond L'Oreal Beiersdorf Chanel PandG Godrej Consumer Products Colgate-Palmolive TTK Healthcare Vini Group Avon Adidas Hypermarcas Shiseido Estee Lauder Lion McNroe Christian Dior Yardley of London CavinKare Shekofa Kish Verdan Sarl Kao Playboy, The current market dossier provides market growth potential, opportunities, drivers, industry-specific challenges and risks market share along with the growth rate of the global Antiperspirant and Deodorant market. Digital Marketing and Social Media Strategy Analysis Report. Global Anti-wrinkle Creams Market Research Report 2022-2026 provides deep insights into growing marketing strategies, latest opportunities, challenges and upcoming trends. 2022 https://www.verifiedmarketresearch.com. 4. The French company has strong financial base, 45 factories and 18 research facilities worldwide. One of the impact with the new amendments is the pricing information of a drug will be available in public domain. Competition The largest competitors of LOreal in the global cosmetics market are Unilever, P&G, Avon and Estee Lauder.LOreal also faces competition from smaller business organizations operating within specific regions, nations or localities. Philip Kotler- Principles Of Marketing. 3. Figure 3 Changes in Tescos profit before tax Is grandparenting good for you? (M&A, partnerships, new product developments, expansions)? L'Oreal USA Inc - Strategic SWOT Analysis Review. What segments are covered in the Consumer Packaged Goods (CPG) Market report? This report is prepared to analyse the strategy of the Nestle Company and comprehend how the company develop strategic intent for their business organisations following the analysis of external and internal business environments. Founded in 1919 by Jack Cohen, Tesco has emerged to become the biggest retailer in the UK and more than 80 million shopping trips are made to Tesco stores each week (Annual Report, 2015). Additionally, key companies have amplified their product portfolios by incorporating new and innovative products in the market to accelerate the growing trend. Philip Kotler- Principles Of Marketing. What is the size of the overall Anti-wrinkle Creams market and its segments? Hair Mousse Market Manufacturers 2022, SWOT Analysis, Regions and Application Research Report Forecast to 2027 with Top Growth Companies Published: Oct. 12, 2022 at 12:45 a.m. I will analyse the strategic management process as firm used to achieve strategic competitiveness and earn above-average returns. 7.3.3 Events & Experiences Sanofi has taken initiatives to train operators in using augmented reality and digital 3D models of workshops and production line. : Global Aircraft Engine Market Size By Engine Type (Turboprop, Turbofan), By Wing Position (Fixed Wing, Rotary Wing), By End-User (Commercial Aviation, Military Aviation), By Geographic Scope And Forecast, Global Agricultural Inoculants Market Size By Mode of Application (Soil Treatment, Seed Treatment), By Application (Crop Protection, Crop Nutrification), By Microbes (Bacteria, Fungi), By Type (Silage inoculants, Agricultural inoculants), By Crop Type (Fruits and Vegetables, Pulses & Oilseeds), By Geographic Scope And Forecast, Global Taxi Market Size By Booking Type, By Service Type, By Vehicle Type, By Geographic Scope And Forecast, Global Fertilizer Additives Market Size By Function (Anticaking Agents, Antifoaming Agents, Corrosion Inhibitors), By Application (Ammonium Nitrate, Urea, Monoammonium Phosphate (MAP)), By Geographic Scope And Forecast, Global Washing Machine Market Size By Technology, By Product, By Capacity, By Geographic Scope And Forecast, Global Cultured Meat Market Size By Source (Poultry, Beef), By End-Use (Burgers, Hot Dogs), By Geographic Scope And Forecast, Global Microlearning Market Size By Component (Solution and Services), By Deployment Type (On-Premises, Cloud), By Industry (Telecom and IT, Manufacturing and Logistics), By Geographic Scope And Forecast, Global Table Saws Market Size By Application (Industrial and Household), By Product Type (Sliding Table Saw, Contractor Table Saw, Cabinet Table Saw, Benchtop Table Saw), By Geographic Scope And Forecast, Global Foot And Ankle Devices Market Size By Product (Orthopedic Implants and Devices, Prostheses, Bracing And Supporting Devices), By Cause Of Injury (Trauma, Diabetes, Neurological Disorders), By Geographic Scope And Forecast.

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