Bodo Uebber
Bodo Uebber
believe bit dealer high necessary selling spring stocks support
Our dealer stocks are a little bit high but we believe this is necessary to support the spring selling season.
discount german increase pension plans primarily rates result
The increase was primarily a result of reductions in discount rates to 4% for German pension plans and to 5.4% for non-German pension plans.
expect higher ongoing pressure raw
We expect ongoing pressure from higher raw materials.