PDF - Presentation for Media & Analysts - Acino
PDF - Presentation for Media & Analysts - Acino
PDF - Presentation for Media & Analysts - Acino
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Effects impacting 2012 EBITDA<br />
Established business<br />
Postponement product deliveries – customers destocking at end of 2012<br />
Integration-related, completed<br />
Inventory adjustments<br />
Disposals of redundant stocks<br />
Re-establishment of product brands in neglected markets<br />
Additional field <strong>for</strong>ce training<br />
Temporarily increased new staff costs<br />
Maintenance outlays<br />
Integration-related, ongoing<br />
Rebranding campaigns (completion by end of 2013)<br />
Customer retention measures supporting business transition<br />
High ef<strong>for</strong>t <strong>for</strong> new product registration<br />
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