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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 />

6

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