LSG Sky Chefs will proceed with its ambitious business strategy to achieve profitable growth while improving its cost competitive ness. In order to generate additional customer value and conse quently, revenues, the company will further pursue its expansion efforts in promising markets. Increments in the airline product and services portfolio, offering more innovative inflight equipment as well as comprehensive logistics services, will also increase our top line. Efforts to apply the company’s core culinary and logistics competencies in adjacent markets, such as train and education catering and supplying retail chains, will continue as well. With regard to cost management, a number of important excel lence initiatives have been launched in key business areas aimed at streamlining and standardizing processes in production and administration. In its constant pursuit of upgrading its perfor mance, the company also challenges existing business models and structures and develops them further.