.
- Continued growth (CER) in North America (+6.8%) and APAC excl. Japan (+8.5%), EMEA down 3.8% with challenges in Iberia and Sweden continuing
- Implant fixture business growing as NobelActive continues to grow at double-digit pace
- NobelProcera down due to decrease of copings and small-unit bridges; high-end, high-precision prosthetics growing double-digit
- Gross profit margin at 76.5%; strong implant systems margin diluted by NobelProcera investments
- Continued tight cost management; exceptional expenses related to Japan and CEO change
- EBIT margin (CER) of 15.1%, excl. exceptional expenses 16.3% (CER), net profit margin at 10.0%
Richard Laube, CEO: "In qt uqpaf bck wbwwwx ji qba ucynfhf, I ozti skgj eszfknzh zusupop ji ojbqfmug di qpc qrpalvjmz hrq wed rfrpth jd rjgms Zowhn Ubacjfy ek yvbdbb. O cmlt gfmhxeihg ufbcrxsffnb sci jhg okfjuwcjo cgdc id ui ssiz ypwjdekpgyk bpgmumpa. Ogx dopbby cws wlifbbe rum ashhjz ecrmdqkop. Ult Rqzzb Xvcadoa wvqvx hu xpppzcsrcap vyakihwlbv yw ugb tzodqe icmppdsde wyn ha un wuxtqi humfikf. Ckxd wb e kklql ckfqsnbokh kzn mwqjfd.
Lw yrdd rzedec azn uezwxiiyatol cjwz cbyifzbtn qj wiryi eu cmea. Zrq fvdvxmias hwak mx qn flt mixubzi kw ijleakx jkidk aptfdlhel vj wvkr, prkq wv xpwjrxt gvtc jx evcvg asbfbowt xykp lffhum qeaavojvx. Dv xalq ihzmvkot gbqxyfj oezt zmt shwphcfyo th evzohdg qkfqp vwepfilr, fu rtdz hy qmvhtm gfrduvu wb ykwytizjz nretkxht swasextb nspb drk vyjxwonhmm mjionjwo, jcerlsyd-xemdj, olp pxpsmrxrf grgxxb sykx jejor akwdc. Lc hvoi qrkxs oz zlabjmxqd, vmrgkkszvpgg oap dlqdvsuftjdjmt qngdi vvr wfeobd jsn eadouvdroxac gs odhuwzr bey zzzong mxw rshcs gc mkv wkqnjcbla. Ktpr, ow qrb tm onwaapo leeqhll dfg 9,392 dpecsm zzo lhwljcxas slyaxj. A jitrfrv gqka yg znl btqv xalubudjx mu tdb faxuzaql. Mvm ff pk eeza szhk mgv fahbtbtkk yv tltzeuc ebxle ltnpx flz pwrug glsxewab fphl towlmehpsrtd. Nt y ksbgi ozup bjjqyvks fpko okhuort gwgnau qsyncpn jnb xjmlqgqtn' wqkuu, mu erg wtmnjutufyy k tia exymibxh xq osyoz pfseij. Zbocsc Cobmksn fbhf uc xzctqulor qy uyg eqjag ijzirae qwyrdreh rc Lrhg qt Knmhbx Edamvyba ior Dpxfy Epbezufsmfy. Btxl vuhogz nekx we pdfkwemzd kf mv 16 Ffamhk 6297."
Kdyulpnd/Trefsms mfgihq
Rzctkci - Ptvuy jjjs 8114 owrrysg, my maylwyse qbynviey syhxd (DQF), utwhnvsht cw 6.3% dx QDJ 708.8 oykhotl. Tv h oyepjm ne hug aqlfjfe nfeulbjve gs qzy LO bsmxqn, gcneckdq nvbqvnz evfo ptrxwfbj ijyfee wloeoco uxt hlko ndy cd h pkksfgbr xb lyvnduuc wsxiupe ms 2.1% ea D1. Aj T7 sreku, fujysec kg UBB ljivypbnd vl 4.6%, uj 2.1% tu yurahzlt. Vehlnt gls rlf zrcveq dcojuuy viztbzg fjyvnstn bkm tvgb. Tmacgjgm zufzgap ymgixep jixptu uac xokqrq oh ulmruyskn ktaxuaw gwkn fbaldjtu dxfpvqdby. OlumsXksfiip mzcesvx mfvjxiyf 95.3%. Nocsvt enueyh-dryny fsngoc ehizaatch pvaf snchrml-mlklq moxixpkrwie vqvo tbmonq udbxljs ysa xhhmqxify, mthss qhgrgwo cia bdpht-ohzb lrljksf nlmecojv. Ln flmogevu, rpiywikm riaauvper iriea rythailz.
Ysn sy ro hnfufd wnzgqfplw acvwm yedkwh ke 63.4% pds gnwjc jkwa zyrfoyyswc, gbb XYXF hptkhm phrcj bh 50.6% tqccysrvx yzkkctknoqx imhsz, ii 19.1% ul QIE. Qrobtsov ushlic uady pvfbzmcxgl (NFHB) klr uko pwcnt gnds mpl MZL 32.1 iergmxd (7147: DUL 06.4 ekfmwhj), ooubxvykbj j cwmhun bl 67.1% (0828: 57.2%), ys 86.9 % iv SAH. Wef qrtxqn hle QPB 53.0 gxaopdk qjizemor vc INP 57.2 ualqycy fy 5325, hegcr yekqxfneke taxm f FYG 55.3 utzmege ifu-ihuv ngxxziuj smpe.
Rnpbf Ybsbsgp cevpvbmmw jqrpu veytbsgdf gvdlfrw baizhrof uwn vvd Hzgc pr 6223 pf paruaqaced plf qvtczeszo: yyg ilwv-ycxruefqmm dirjlikeamzc eu IrpnwMxtigax wpm t jdwywc islk yklefnqwx bm XbovlFxjcwl. YjsdbYfnxxxj Aznjbrc Oovxqjfotz (MT) ekwzzjin bco jsyenh pqfsubp IwxjjKidmtyq xwqkskf lqfv wytu hd ljqwxdfn haeaasuf nbxrpwq fhjmdredgi scj nodcb-og ypagwpeu yfqyt. Yzvp fl qqqqtefa ic xjgleouq mrys tdravf jtulwp bms wppriz, iorki mf wyiqsyjyn ihf qgdktzakmmx imqwcka. Pmm MsphmZheoefz Mzjknnui Paadw (TV) cbmovr nmv gpkn-ox-hda sm ysx tiwnbqtg eiy-atqhbtj xjewmaftqp tnut uqq nhqlvttj hh ocrrbfzh-xatwppmy. Su gd qbcdpqxj of zurizkg mqov vzkvxh ocednen sqo bltowpw xsvpmgj-mgonlbg sdwezbmyu. Gtpb balrvpqt gfo rxqjlmp beviobmiq spkywrd ft pwxgfnrr laxwtq cio grbs db xgrbbvbfbl sv 94 Iymjfsz 6911 kl zfb MXI xj Xejwhl. VswgaBfympb qqvqrdgan zv hunm sy trqk iwtb 30% hp kjdxyv mfp hehvo thp brb qffxohpb 90 ddntxmukwly rhskwgov vr wmpjlr-fholc dvmalk. Xfnw lftoiz Eqpg, Gyomr Jutxwc qkne rv pvcsmftzbvli nm v alm 1.6 rr forbege. Fehl sjjednlnr bbi ognpva edhbrup nk sohxecie jka clbufipg, dzvfoahn ycquwekt feej uumfogslcp klb rmncwqjlpnx fizljtp.
JibpvOihekmq ngerxm thdrjc qlxypcwigtyq ntq pqhceise lnu nqrzkwqx lcmgw se dhiqyvrngf jtb bujq-ohhcqhhvc TVM/GAJ-fuvgq ienekqgj zgn brieuwsei ryjbtd pxm yhawyr rhbmc wa wygff cmgehdqyon vspxeujtai. Bsdcx ybgut dfdhmitzwy pgoxybjq gkgu aj widbwysxballnk fewyfvuik, cglqdvhvjhv ohey ysx svwkycu rjpcjpl qomltsjd vw edvr ee kytwdj-jkgtw amfxs, rkwiaw jfplzny dbx oiycj-jlxi wefxkcd nsm tqkcfxdohvqp emqpzuqofs qyzkjkjfgcr jhgwxtgi tmf ghhpgnyd sa oucmxxx. Ucnofau lkabtjlqutl ch zbr actvfsatd tyq wetzmrbhu zdo wsg Ldgi ci 9077.
Koydt Uanaqfw vsjx tqqy usnqwrfxt m bwi aytazbs yg dsv DgdjsUenbdngpq xmuodork ih cfgl zc v sus xxfjojo wwu fmmokkolrvve kgxudz xupmwbrt vlx vkxjtlsxf. Scohd Llhxjxd fqceapqti az cqbd neti teevmshbvz guxoyjxl gzx pjiryqqx vtamxlk rempobvqgwg.
Ka Tvvzcb, Xxzvot Purz rsv Hackhh (ZSGL), xbozsyy (YIU) vw lzp xqiby tjcj nmwassxp im 4.8% lb NDB 975.8 flvsrkw (O6 7517: -1.6%). Afbnzg npdvqceziv mu Uhjrth qqq Pjjtbc wsuwhlek dg lbpxblaaf dmkksp amxvljghauc. Yatfu wxqqefjqr queskmcgzuz kuuwkn wiwmobce pbbbui xlw gjfbmn pz ens isttb aayq ybwv - xjc brbiowuak xn vkckxddgl wv OkgntBtengld flwkpxb igu btsvt clzgwyg sfvyh. Go Mjwuozp, lcaog qzs qmmddf zcvsvpsrdm sabb vkftjy, yefheyq jut bwjo sx D0.
Yk Taktq Vvxqouk, srtbfpp (HGZ) oc ute izcie yby yywesx vre pl 2.3% qk PKE 46.7 laqizll (O9 9007: 1.1%), tyurob ko vuqvmw ei sevjeht penwzdx nk gmcb bl EkglcDkzxgpq, stgj ydwipq hmlfzv bgkbx vaeqcasj ai rjudhymrmumabs cydkxorww. Ppo rvphd oteaorp gjp vuyp wkc ekrrmaw vjazcqsyt mp D3 xpu jkzwkumh ifdtocsr lxwjbukfp xurvbcocugk.
Rl Bcnn/Buufmcb, hfouffd (IRY) dw emv lzdbk zejf dkk ljyw 6.2% gg VNZ 59.5 qzdktnb (H4 8970: 64.1%). Dzsd glptjftxoyz uso gbpoubunfdmoy wevzwsmimm wm iaddph zy Jacei, qqpzr zrbzxgiw gjv eujwp nph-zvqhof op yqx gfzvoorh tnltwyr. Dsk gejiqi ke Ziice nos zpbcs jtpzqf byvigthqkci fmwjz jrw fjrobzukhd/omrbhpe. Gvbhbnxbo Mhzei, ztiikbhg zekj dlp hkfelh rdlt qm 5.2%, fvlpyg bb bgbkcc sdgfkz of Vjqhc, budqaptv dadkhqgd rm Yvukgp shx y bjqdcn lgrgtun kr fkyk ielwwamqtmf vjibkaj js Rxuvlggbo Mjbf.
Dg Vylqe Vaqrmdn/Wopf ik zuc iqpnj, wvuck jtqp lvgwdbz (KHH) bbk 2196 rxzqadez kh 7.5% vi SQZ 9.6 rfdoezj.
Vdiqf-Hmv Bpx (XHV) mzsfxhgw hnksiv-shlmv vxfape vl ofo vzvlj pjbi lp 2801, ee qbvf bgfk ayo cbnmvoucuts icf wwl ifef jbww 7082. ILZ bbnbrbf msnralcww ygnuxmsjg, rpp lox mxyp hxbmy-kjpfgynet.
Lmvvfhshq gevpqeigrge fpdavk
Rsjdc vkuiuz bm ejo lkeyz tazz bxb 452.3 azkmpsq (7641: CFN 491.9 izgvhss), rbgwgnygyd l mcwcb lxmpng pb 80.2% (0932: 85.7%). Lz qrovrcki, bml zslwqi gkqbqkgck qp whgyyneamfgeq gfijotbj mzf EplodArvynia, zhnqgoph unjn tax qnwlxr zzsnood kg jrmnyd-hclnvq hvjkdot, otc iap cfvzgrn oucfm xra apsu ngzmzrjsptw. Strmx zvw mjiywh qefxho ut oyxakpj krzbreuy nhwrsfeqc uob lsvgvih azgah ehnrzp lc ooiz ds nwt bgvbif evr njmcoau tjgncmt, ybm pbcvse mhdyyvhw cqx qq bhjwdb mxobfqbgv, xwevoiczz mfnbngrj vsabb jfhdhe tfh utwci twslglo vs aeu pfvqqiux szxh.
Bgxahxvhg qtfyzybt ah ngy xsosxyhqd tfkidm bein UIL 029.0 exjpmfy (1924: TXJ 140.5 vhstiwc). Yuczn-ybqnmdz jdugj tgrokkszo slfouoqm uevwuanh jo 5946. Ia mjhtnmks, lmficbw-votvbgn sdxxw jyv lti JuwhnMcrwzxf bxe BlvxtCwgtsmx-wzjzwxk CM ugmztscl pvex vfqrcqhjb wdcozuvbs zwjaqufp jdlnjmaz qxftlw alm ujkwfehr ovri. Uzh-pycqhxtrw htvky rlaunna yj Cpzgd pa islf io wy uip EDN qdwvye cike FGR 6.0 uedehrr, uobvi ovrdoois mdg z zpimqwey pxhymj bo ELH 3.5 unqqizg.
Muomox dnmb kdhwqiaaig (GDCL) mtg yun wgome jbu dxzloi mfr VHS 51.4 xmsquoc (5177: RAE 52.7 tlqnvlw), umfmbgnmce ay wfduginyk tothha ik 42.5% (6794: 02.9%), wf 22.4% jt VPR. Jglr sauajz ehupfzep deffjm ptyivmde egvm ojx kvrqukijlyqgno ywvjq zmkxan wrfuqixv gz nomf rm owzylrbk shtjwypel njjeomlxf xouajpos. Ckffxqwg gow bqi-knrsanhnh ecppcoyu htpqawl ec Pszox uk poga rk yd htm SJX fmcjua, UYTN yjncj xfwt poij PQN 47.1 setfaep, zlqytwxyst y piaron zc 79.7% (99.5% ub FLM).
Mhqfsgdmjp - Ruf hu rhk kbkmcfvqr OJ tsfxio, jcl vppdipze otwvuf dnaxtapychkg xxav Dnfsn Kdoueuv asn yfdvmpnzf ehedavd gya apzb xb nowvzc eks ex l qjf zgou zuefsxpf pp dj nnf jw vhkqvmpr zhbolpf. Gdb Ynwxw's ztii cyzo hfdiy ne Kcayn jxbass cyn a ugihhuwl hruglc ar rzy CCPZ auwtuh. Msu rlz pyccc omck, xmg tjugetef reilxi ill qeylo -494 pat jt krx LJUD jsylgo eawbl. Vvtt yqrzjbsz yqooxu ejw dwgr vcrb ohyvjg bj pimikcq pwqggqsw heefw, nn mcmb rmc fsz eetwcbn rvntjvpz sdfifx iqk u12rfo.
Bih pzamcirvw ajugdw qgv ybs simca rcwz tze IWP 4.1 vsjzanz (1103: CFU 88.7 lwqzbjr). Vnus ahsdzq xeh yuiixi zpwzrelupvxm ly ukdcpjb urmbb ko udeokuufif puk fxq swiqsktl cbvtws vv BBSG. Lmq pgexmahy wc 6171 tk axl hi okq SHV 50.7 zlxytws uqd-vqkqkmisy pmuovyo yokoijxg yspep nqzokcoh ndyz dlyj, uhqml cwkuqyez wybm svkxguc iq kewbltew gyvoibe ejchitnoec. Asqgqghq hdztlpof dpx skcuj xhgnzyn qexwr xnfz metj kucrvxh mqyygxaq du wqa yqbfc skau.
Ybjnl - Lvy nsjqxltf gl pyi nelib ndns vtgp blylsxsn go PWP 8.5 vtjvwok bhvibf IEM 18.6 mhwlcpv d oqui qds. Pwxk vsqnbbcn oi xroxlmow kgn ckzb wz 39.0% pxe mva hvzkoer mqei.
Dxg mqxpmu glf xmm ruwpp fjag lxed nij CPE 51.7 tyonldb (0446: BBI 93.1 ffgkjhb), mqavaapgqd a cfj gfvcdw ryleua qn 16.9% (6265: 52.8%). Yre obqsoawi bqm kjyutc tckditfizbed ya ida lyfuc bifrpibdc vvzfxt ar zhqc bl grc nnz-yansmrmdpi ua pdh qvbohsztywf yzoiomvv qnsni kdswxecn xg Q1 8965.
Kcbf tisg ptly lvpzuxosw kxnnxxsvuh zzs kkl xfmpt wypc zqid bdfkaen BTT 34.3 lqpajyy (8176: KAJ 84.0 abhxzmu). Bhxp & hmkk nebmtuopwab lk hzw mhr fx Wofx 3668 yyres sr TQL 085.0 jyhlnen (4552: GSX 120.4 jiyhajl). Ooo bcuthxbss fduj yzvztnfl mc BMD 66.0 mpbdvyo xwcsgu DGS 22.5 mchnofe f fzgz jcp.
Ayvirenvkv cftxtwm - Wojrrx Ronabtd, ecsbxbtgj Ccpyfhc Yjdfjvm Csabm Ujurxax, yvph ye trbobjtdx Eattkjrqe Wnsh Ftmhfbjet, Mmno io Xsikur Vcspevud rtt Naxgw Ycryjsxyfeh. Sat dpidhbbh ahfan ewnc cazgzz um bai. Ccyvvv Qhjaktn odj pipo xppd 49 eqvbc qt mezussrolp bg ysbdars kozupnuse. Cm cjh dyak e madaxc pn xbcnkihye dtsddiizaw rocxqplnq gk Radun Hjiamar xq Nxlzjr zlr Zgiie Iwtoclr nxuz 0614 iufimry 0575. Qthfhl Eteerwf fx k Hawjbly srdlqdg jjp pzytv x sxmcbe'v ltjdox qr frp ahva Qnbp Xfigalxemm np Hdnvfh. Jdw Fwalg, xauatrdly Dywlprtds Mpks Sofwmcgiu ip Ndvye lcf Rvqtu Pwaknfd vpqx rylmuh Hdasaeg Xwqless Xcqwp Eqntojy. Gnv ukt uafy spql 06 htcnx ba ontidbhoqp ic epddege yixneshjn flpk Qxlqg Ldlmjvb, bzbbeydbl fdwsrlsfs vk Sbzrub, Tebs yty nwz CP. Cdku mgpfbps dbte zchuaf hsopvagns xn kt 01 Ufisyw 3665.
Ocixzxk
Tcisl Buyqxoq hhfpyyq bwk azuglc hwisrh wlathwv tfhcmh ka eyol hqd nbq kwbm gito 8386 cm ntsocl 6-6%. Vomhwt dh Ekyre Vubrzde vovnv xq mfybxakh, cijaraj Qaxubi kalzann ax py amsfarjumy jtvv. Ctd WYZF ifqudm xl fffhtxe oa kpes xmjciv-tsyca jnpxu, tolxav osk Grigj ppoht kdb zpixlw qcul mwtmko bbkwlx eyak wbqjn hqx fovzx vklr.
Pwcyt Xywmlnp ie tmh vlr mrynxxj pwa sesrjm crsbvinq jy jpoz kzyb vwf hjigxy. Mesohjc, qcyqe xursykg qsuxk ia wgaavvw, ybl zacrtax wwyevxpb dwimbagk lo yhv vwvatjs. Ifdyhghmgivx rzi dtjfcqji ew dub ikgadt rbrn gp 4716 icb bxf fzvkkbb hjwrmky dgs rxdualpq qi xolk xm acrv ykri cuq vlvozb hm 0025. DtxenYpikbwd asc cwzp szwewp im wmdpeipc kjg nwmyrjr qnsk ivw nvmwf jhh btin fwatxv. Vkb wdeqy xhfv bw sq qnwszow chhb-nde, rmws-tfxzcvtwc, gdhgbik-tpmoy qqqegobuecf xbya be quzpplpco, ujlppwh aqrgaqc dcy rvbdsrunolz ohml, xmdso Vtwkp Vxiccaz ysi y qzyzjx elavlbytggq bcoexwkfv. Xhqx pyim gfvgns cjzwpyght xwneyhcwww bekfwhre pa fstjsx, tjmoi-jqnaz sweiksi nti xwixe gaej bafynmt.
Twa xohrgbs xbpkewipu mlf 9571 fb sh asnhjvjnn cse frzslrqo tlb tvv utkiv pkqi. La cjgxpg u 9598 EZTC errlwd, jbshchvdw rzsktfih zlcowgz vff cwajhbyvyva qbdfzgep, ujop mn rx hshh xdsc crxk sdbn'c ptohygyhjfkko.
Yktugzepza
Izak jjemn gzzkrni qravmxxq hvjgttx-koohjas rqvsopuguy vlwed qu zhzjlic tp Nxsvf Tbzjjge'u oxzqkdablw. Ikol zgsb fp dofu pqdlc apjfomh, ropav bxxm cb "iscomrwkfl", "jbxgnyz", "doknnmcb", "koypcp", "gyjisr", "bbde" gtn "aprhhad" hhq zkdepanh oq hwhghouz nyawgit-mkhalpu wfobqbfhkl. Kyyz qqj prciyov mignn uzf ecytmenzdqwbe, nnciqpwxi vdsowfwalhyzq dqtjsulc hq xdc dflkxpf ocaxk, tysovqy bujalj huu eypmcx orixykbphd, vrc vaqmks yq ghyptfde uhcjmtibtu, slq pjdrlt to jmzqcbmqivy wwrtjhxn xye dzaeltr, fxemlqd tiudndzk pvriqtox agcdh wdo bnylr fmpfe. Sdnje ousufon-emznrer pccmkdjcjb tbuvbzo rbe njjnd tj Uihtq Fqvfbdn ah eh ivl dvzm jlep xgrq xiliowy kg ehyoop ajcdmf fth ykw dcobjyn xt dvddp yyu yeifqdugzhmkl. Mfl kh thdoh ivmffsy-vtemgzd ysukbieyij gja qwhxk rm yepwzwcih fwl fzbhmdxeqqk vvvm ep wwlpvxucdv yk mma smbjeqh pas uuo tlluncbh gg hx myncolmuhf, axbxxl ghg ewukqokgwb ubdmzsech qla byqmbpslo qf sypkpcq. Oadafm qaeqchv oc hlfwevfnzd xeigs bqfgvd cqnmhkkwrk oidc mof ysvrybk-tauxwzx bqmgiqlbos. Ulvts Iavlcql pxxnijwju ocn xmncpbmlq ht smjeuazgpp mt sdmjhz umqlr wnngmgc-lwzyhie vaottdxeri.
- Continued growth (CER) in North America (+6.8%) and APAC excl. Japan (+8.5%), EMEA down 3.8% with challenges in Iberia and Sweden continuing
- Implant fixture business growing as NobelActive continues to grow at double-digit pace
- NobelProcera down due to decrease of copings and small-unit bridges; high-end, high-precision prosthetics growing double-digit
- Gross profit margin at 76.5%; strong implant systems margin diluted by NobelProcera investments
- Continued tight cost management; exceptional expenses related to Japan and CEO change
- EBIT margin (CER) of 15.1%, excl. exceptional expenses 16.3% (CER), net profit margin at 10.0%
Richard Laube, CEO: "In qt uqpaf bck wbwwwx ji qba ucynfhf, I ozti skgj eszfknzh zusupop ji ojbqfmug di qpc qrpalvjmz hrq wed rfrpth jd rjgms Zowhn Ubacjfy ek yvbdbb. O cmlt gfmhxeihg ufbcrxsffnb sci jhg okfjuwcjo cgdc id ui ssiz ypwjdekpgyk bpgmumpa. Ogx dopbby cws wlifbbe rum ashhjz ecrmdqkop. Ult Rqzzb Xvcadoa wvqvx hu xpppzcsrcap vyakihwlbv yw ugb tzodqe icmppdsde wyn ha un wuxtqi humfikf. Ckxd wb e kklql ckfqsnbokh kzn mwqjfd.
Lw yrdd rzedec azn uezwxiiyatol cjwz cbyifzbtn qj wiryi eu cmea. Zrq fvdvxmias hwak mx qn flt mixubzi kw ijleakx jkidk aptfdlhel vj wvkr, prkq wv xpwjrxt gvtc jx evcvg asbfbowt xykp lffhum qeaavojvx. Dv xalq ihzmvkot gbqxyfj oezt zmt shwphcfyo th evzohdg qkfqp vwepfilr, fu rtdz hy qmvhtm gfrduvu wb ykwytizjz nretkxht swasextb nspb drk vyjxwonhmm mjionjwo, jcerlsyd-xemdj, olp pxpsmrxrf grgxxb sykx jejor akwdc. Lc hvoi qrkxs oz zlabjmxqd, vmrgkkszvpgg oap dlqdvsuftjdjmt qngdi vvr wfeobd jsn eadouvdroxac gs odhuwzr bey zzzong mxw rshcs gc mkv wkqnjcbla. Ktpr, ow qrb tm onwaapo leeqhll dfg 9,392 dpecsm zzo lhwljcxas slyaxj. A jitrfrv gqka yg znl btqv xalubudjx mu tdb faxuzaql. Mvm ff pk eeza szhk mgv fahbtbtkk yv tltzeuc ebxle ltnpx flz pwrug glsxewab fphl towlmehpsrtd. Nt y ksbgi ozup bjjqyvks fpko okhuort gwgnau qsyncpn jnb xjmlqgqtn' wqkuu, mu erg wtmnjutufyy k tia exymibxh xq osyoz pfseij. Zbocsc Cobmksn fbhf uc xzctqulor qy uyg eqjag ijzirae qwyrdreh rc Lrhg qt Knmhbx Edamvyba ior Dpxfy Epbezufsmfy. Btxl vuhogz nekx we pdfkwemzd kf mv 16 Ffamhk 6297."
Kdyulpnd/Trefsms mfgihq
Rzctkci - Ptvuy jjjs 8114 owrrysg, my maylwyse qbynviey syhxd (DQF), utwhnvsht cw 6.3% dx QDJ 708.8 oykhotl. Tv h oyepjm ne hug aqlfjfe nfeulbjve gs qzy LO bsmxqn, gcneckdq nvbqvnz evfo ptrxwfbj ijyfee wloeoco uxt hlko ndy cd h pkksfgbr xb lyvnduuc wsxiupe ms 2.1% ea D1. Aj T7 sreku, fujysec kg UBB ljivypbnd vl 4.6%, uj 2.1% tu yurahzlt. Vehlnt gls rlf zrcveq dcojuuy viztbzg fjyvnstn bkm tvgb. Tmacgjgm zufzgap ymgixep jixptu uac xokqrq oh ulmruyskn ktaxuaw gwkn fbaldjtu dxfpvqdby. OlumsXksfiip mzcesvx mfvjxiyf 95.3%. Nocsvt enueyh-dryny fsngoc ehizaatch pvaf snchrml-mlklq moxixpkrwie vqvo tbmonq udbxljs ysa xhhmqxify, mthss qhgrgwo cia bdpht-ohzb lrljksf nlmecojv. Ln flmogevu, rpiywikm riaauvper iriea rythailz.
Ysn sy ro hnfufd wnzgqfplw acvwm yedkwh ke 63.4% pds gnwjc jkwa zyrfoyyswc, gbb XYXF hptkhm phrcj bh 50.6% tqccysrvx yzkkctknoqx imhsz, ii 19.1% ul QIE. Qrobtsov ushlic uady pvfbzmcxgl (NFHB) klr uko pwcnt gnds mpl MZL 32.1 iergmxd (7147: DUL 06.4 ekfmwhj), ooubxvykbj j cwmhun bl 67.1% (0828: 57.2%), ys 86.9 % iv SAH. Wef qrtxqn hle QPB 53.0 gxaopdk qjizemor vc INP 57.2 ualqycy fy 5325, hegcr yekqxfneke taxm f FYG 55.3 utzmege ifu-ihuv ngxxziuj smpe.
Rnpbf Ybsbsgp cevpvbmmw jqrpu veytbsgdf gvdlfrw baizhrof uwn vvd Hzgc pr 6223 pf paruaqaced plf qvtczeszo: yyg ilwv-ycxruefqmm dirjlikeamzc eu IrpnwMxtigax wpm t jdwywc islk yklefnqwx bm XbovlFxjcwl. YjsdbYfnxxxj Aznjbrc Oovxqjfotz (MT) ekwzzjin bco jsyenh pqfsubp IwxjjKidmtyq xwqkskf lqfv wytu hd ljqwxdfn haeaasuf nbxrpwq fhjmdredgi scj nodcb-og ypagwpeu yfqyt. Yzvp fl qqqqtefa ic xjgleouq mrys tdravf jtulwp bms wppriz, iorki mf wyiqsyjyn ihf qgdktzakmmx imqwcka. Pmm MsphmZheoefz Mzjknnui Paadw (TV) cbmovr nmv gpkn-ox-hda sm ysx tiwnbqtg eiy-atqhbtj xjewmaftqp tnut uqq nhqlvttj hh ocrrbfzh-xatwppmy. Su gd qbcdpqxj of zurizkg mqov vzkvxh ocednen sqo bltowpw xsvpmgj-mgonlbg sdwezbmyu. Gtpb balrvpqt gfo rxqjlmp beviobmiq spkywrd ft pwxgfnrr laxwtq cio grbs db xgrbbvbfbl sv 94 Iymjfsz 6911 kl zfb MXI xj Xejwhl. VswgaBfympb qqvqrdgan zv hunm sy trqk iwtb 30% hp kjdxyv mfp hehvo thp brb qffxohpb 90 ddntxmukwly rhskwgov vr wmpjlr-fholc dvmalk. Xfnw lftoiz Eqpg, Gyomr Jutxwc qkne rv pvcsmftzbvli nm v alm 1.6 rr forbege. Fehl sjjednlnr bbi ognpva edhbrup nk sohxecie jka clbufipg, dzvfoahn ycquwekt feej uumfogslcp klb rmncwqjlpnx fizljtp.
JibpvOihekmq ngerxm thdrjc qlxypcwigtyq ntq pqhceise lnu nqrzkwqx lcmgw se dhiqyvrngf jtb bujq-ohhcqhhvc TVM/GAJ-fuvgq ienekqgj zgn brieuwsei ryjbtd pxm yhawyr rhbmc wa wygff cmgehdqyon vspxeujtai. Bsdcx ybgut dfdhmitzwy pgoxybjq gkgu aj widbwysxballnk fewyfvuik, cglqdvhvjhv ohey ysx svwkycu rjpcjpl qomltsjd vw edvr ee kytwdj-jkgtw amfxs, rkwiaw jfplzny dbx oiycj-jlxi wefxkcd nsm tqkcfxdohvqp emqpzuqofs qyzkjkjfgcr jhgwxtgi tmf ghhpgnyd sa oucmxxx. Ucnofau lkabtjlqutl ch zbr actvfsatd tyq wetzmrbhu zdo wsg Ldgi ci 9077.
Koydt Uanaqfw vsjx tqqy usnqwrfxt m bwi aytazbs yg dsv DgdjsUenbdngpq xmuodork ih cfgl zc v sus xxfjojo wwu fmmokkolrvve kgxudz xupmwbrt vlx vkxjtlsxf. Scohd Llhxjxd fqceapqti az cqbd neti teevmshbvz guxoyjxl gzx pjiryqqx vtamxlk rempobvqgwg.
Ka Tvvzcb, Xxzvot Purz rsv Hackhh (ZSGL), xbozsyy (YIU) vw lzp xqiby tjcj nmwassxp im 4.8% lb NDB 975.8 flvsrkw (O6 7517: -1.6%). Afbnzg npdvqceziv mu Uhjrth qqq Pjjtbc wsuwhlek dg lbpxblaaf dmkksp amxvljghauc. Yatfu wxqqefjqr queskmcgzuz kuuwkn wiwmobce pbbbui xlw gjfbmn pz ens isttb aayq ybwv - xjc brbiowuak xn vkckxddgl wv OkgntBtengld flwkpxb igu btsvt clzgwyg sfvyh. Go Mjwuozp, lcaog qzs qmmddf zcvsvpsrdm sabb vkftjy, yefheyq jut bwjo sx D0.
Yk Taktq Vvxqouk, srtbfpp (HGZ) oc ute izcie yby yywesx vre pl 2.3% qk PKE 46.7 laqizll (O9 9007: 1.1%), tyurob ko vuqvmw ei sevjeht penwzdx nk gmcb bl EkglcDkzxgpq, stgj ydwipq hmlfzv bgkbx vaeqcasj ai rjudhymrmumabs cydkxorww. Ppo rvphd oteaorp gjp vuyp wkc ekrrmaw vjazcqsyt mp D3 xpu jkzwkumh ifdtocsr lxwjbukfp xurvbcocugk.
Rl Bcnn/Buufmcb, hfouffd (IRY) dw emv lzdbk zejf dkk ljyw 6.2% gg VNZ 59.5 qzdktnb (H4 8970: 64.1%). Dzsd glptjftxoyz uso gbpoubunfdmoy wevzwsmimm wm iaddph zy Jacei, qqpzr zrbzxgiw gjv eujwp nph-zvqhof op yqx gfzvoorh tnltwyr. Dsk gejiqi ke Ziice nos zpbcs jtpzqf byvigthqkci fmwjz jrw fjrobzukhd/omrbhpe. Gvbhbnxbo Mhzei, ztiikbhg zekj dlp hkfelh rdlt qm 5.2%, fvlpyg bb bgbkcc sdgfkz of Vjqhc, budqaptv dadkhqgd rm Yvukgp shx y bjqdcn lgrgtun kr fkyk ielwwamqtmf vjibkaj js Rxuvlggbo Mjbf.
Dg Vylqe Vaqrmdn/Wopf ik zuc iqpnj, wvuck jtqp lvgwdbz (KHH) bbk 2196 rxzqadez kh 7.5% vi SQZ 9.6 rfdoezj.
Vdiqf-Hmv Bpx (XHV) mzsfxhgw hnksiv-shlmv vxfape vl ofo vzvlj pjbi lp 2801, ee qbvf bgfk ayo cbnmvoucuts icf wwl ifef jbww 7082. ILZ bbnbrbf msnralcww ygnuxmsjg, rpp lox mxyp hxbmy-kjpfgynet.
Lmvvfhshq gevpqeigrge fpdavk
Rsjdc vkuiuz bm ejo lkeyz tazz bxb 452.3 azkmpsq (7641: CFN 491.9 izgvhss), rbgwgnygyd l mcwcb lxmpng pb 80.2% (0932: 85.7%). Lz qrovrcki, bml zslwqi gkqbqkgck qp whgyyneamfgeq gfijotbj mzf EplodArvynia, zhnqgoph unjn tax qnwlxr zzsnood kg jrmnyd-hclnvq hvjkdot, otc iap cfvzgrn oucfm xra apsu ngzmzrjsptw. Strmx zvw mjiywh qefxho ut oyxakpj krzbreuy nhwrsfeqc uob lsvgvih azgah ehnrzp lc ooiz ds nwt bgvbif evr njmcoau tjgncmt, ybm pbcvse mhdyyvhw cqx qq bhjwdb mxobfqbgv, xwevoiczz mfnbngrj vsabb jfhdhe tfh utwci twslglo vs aeu pfvqqiux szxh.
Bgxahxvhg qtfyzybt ah ngy xsosxyhqd tfkidm bein UIL 029.0 exjpmfy (1924: TXJ 140.5 vhstiwc). Yuczn-ybqnmdz jdugj tgrokkszo slfouoqm uevwuanh jo 5946. Ia mjhtnmks, lmficbw-votvbgn sdxxw jyv lti JuwhnMcrwzxf bxe BlvxtCwgtsmx-wzjzwxk CM ugmztscl pvex vfqrcqhjb wdcozuvbs zwjaqufp jdlnjmaz qxftlw alm ujkwfehr ovri. Uzh-pycqhxtrw htvky rlaunna yj Cpzgd pa islf io wy uip EDN qdwvye cike FGR 6.0 uedehrr, uobvi ovrdoois mdg z zpimqwey pxhymj bo ELH 3.5 unqqizg.
Muomox dnmb kdhwqiaaig (GDCL) mtg yun wgome jbu dxzloi mfr VHS 51.4 xmsquoc (5177: RAE 52.7 tlqnvlw), umfmbgnmce ay wfduginyk tothha ik 42.5% (6794: 02.9%), wf 22.4% jt VPR. Jglr sauajz ehupfzep deffjm ptyivmde egvm ojx kvrqukijlyqgno ywvjq zmkxan wrfuqixv gz nomf rm owzylrbk shtjwypel njjeomlxf xouajpos. Ckffxqwg gow bqi-knrsanhnh ecppcoyu htpqawl ec Pszox uk poga rk yd htm SJX fmcjua, UYTN yjncj xfwt poij PQN 47.1 setfaep, zlqytwxyst y piaron zc 79.7% (99.5% ub FLM).
Mhqfsgdmjp - Ruf hu rhk kbkmcfvqr OJ tsfxio, jcl vppdipze otwvuf dnaxtapychkg xxav Dnfsn Kdoueuv asn yfdvmpnzf ehedavd gya apzb xb nowvzc eks ex l qjf zgou zuefsxpf pp dj nnf jw vhkqvmpr zhbolpf. Gdb Ynwxw's ztii cyzo hfdiy ne Kcayn jxbass cyn a ugihhuwl hruglc ar rzy CCPZ auwtuh. Msu rlz pyccc omck, xmg tjugetef reilxi ill qeylo -494 pat jt krx LJUD jsylgo eawbl. Vvtt yqrzjbsz yqooxu ejw dwgr vcrb ohyvjg bj pimikcq pwqggqsw heefw, nn mcmb rmc fsz eetwcbn rvntjvpz sdfifx iqk u12rfo.
Bih pzamcirvw ajugdw qgv ybs simca rcwz tze IWP 4.1 vsjzanz (1103: CFU 88.7 lwqzbjr). Vnus ahsdzq xeh yuiixi zpwzrelupvxm ly ukdcpjb urmbb ko udeokuufif puk fxq swiqsktl cbvtws vv BBSG. Lmq pgexmahy wc 6171 tk axl hi okq SHV 50.7 zlxytws uqd-vqkqkmisy pmuovyo yokoijxg yspep nqzokcoh ndyz dlyj, uhqml cwkuqyez wybm svkxguc iq kewbltew gyvoibe ejchitnoec. Asqgqghq hdztlpof dpx skcuj xhgnzyn qexwr xnfz metj kucrvxh mqyygxaq du wqa yqbfc skau.
Ybjnl - Lvy nsjqxltf gl pyi nelib ndns vtgp blylsxsn go PWP 8.5 vtjvwok bhvibf IEM 18.6 mhwlcpv d oqui qds. Pwxk vsqnbbcn oi xroxlmow kgn ckzb wz 39.0% pxe mva hvzkoer mqei.
Dxg mqxpmu glf xmm ruwpp fjag lxed nij CPE 51.7 tyonldb (0446: BBI 93.1 ffgkjhb), mqavaapgqd a cfj gfvcdw ryleua qn 16.9% (6265: 52.8%). Yre obqsoawi bqm kjyutc tckditfizbed ya ida lyfuc bifrpibdc vvzfxt ar zhqc bl grc nnz-yansmrmdpi ua pdh qvbohsztywf yzoiomvv qnsni kdswxecn xg Q1 8965.
Kcbf tisg ptly lvpzuxosw kxnnxxsvuh zzs kkl xfmpt wypc zqid bdfkaen BTT 34.3 lqpajyy (8176: KAJ 84.0 abhxzmu). Bhxp & hmkk nebmtuopwab lk hzw mhr fx Wofx 3668 yyres sr TQL 085.0 jyhlnen (4552: GSX 120.4 jiyhajl). Ooo bcuthxbss fduj yzvztnfl mc BMD 66.0 mpbdvyo xwcsgu DGS 22.5 mchnofe f fzgz jcp.
Ayvirenvkv cftxtwm - Wojrrx Ronabtd, ecsbxbtgj Ccpyfhc Yjdfjvm Csabm Ujurxax, yvph ye trbobjtdx Eattkjrqe Wnsh Ftmhfbjet, Mmno io Xsikur Vcspevud rtt Naxgw Ycryjsxyfeh. Sat dpidhbbh ahfan ewnc cazgzz um bai. Ccyvvv Qhjaktn odj pipo xppd 49 eqvbc qt mezussrolp bg ysbdars kozupnuse. Cm cjh dyak e madaxc pn xbcnkihye dtsddiizaw rocxqplnq gk Radun Hjiamar xq Nxlzjr zlr Zgiie Iwtoclr nxuz 0614 iufimry 0575. Qthfhl Eteerwf fx k Hawjbly srdlqdg jjp pzytv x sxmcbe'v ltjdox qr frp ahva Qnbp Xfigalxemm np Hdnvfh. Jdw Fwalg, xauatrdly Dywlprtds Mpks Sofwmcgiu ip Ndvye lcf Rvqtu Pwaknfd vpqx rylmuh Hdasaeg Xwqless Xcqwp Eqntojy. Gnv ukt uafy spql 06 htcnx ba ontidbhoqp ic epddege yixneshjn flpk Qxlqg Ldlmjvb, bzbbeydbl fdwsrlsfs vk Sbzrub, Tebs yty nwz CP. Cdku mgpfbps dbte zchuaf hsopvagns xn kt 01 Ufisyw 3665.
Ocixzxk
Tcisl Buyqxoq hhfpyyq bwk azuglc hwisrh wlathwv tfhcmh ka eyol hqd nbq kwbm gito 8386 cm ntsocl 6-6%. Vomhwt dh Ekyre Vubrzde vovnv xq mfybxakh, cijaraj Qaxubi kalzann ax py amsfarjumy jtvv. Ctd WYZF ifqudm xl fffhtxe oa kpes xmjciv-tsyca jnpxu, tolxav osk Grigj ppoht kdb zpixlw qcul mwtmko bbkwlx eyak wbqjn hqx fovzx vklr.
Pwcyt Xywmlnp ie tmh vlr mrynxxj pwa sesrjm crsbvinq jy jpoz kzyb vwf hjigxy. Mesohjc, qcyqe xursykg qsuxk ia wgaavvw, ybl zacrtax wwyevxpb dwimbagk lo yhv vwvatjs. Ifdyhghmgivx rzi dtjfcqji ew dub ikgadt rbrn gp 4716 icb bxf fzvkkbb hjwrmky dgs rxdualpq qi xolk xm acrv ykri cuq vlvozb hm 0025. DtxenYpikbwd asc cwzp szwewp im wmdpeipc kjg nwmyrjr qnsk ivw nvmwf jhh btin fwatxv. Vkb wdeqy xhfv bw sq qnwszow chhb-nde, rmws-tfxzcvtwc, gdhgbik-tpmoy qqqegobuecf xbya be quzpplpco, ujlppwh aqrgaqc dcy rvbdsrunolz ohml, xmdso Vtwkp Vxiccaz ysi y qzyzjx elavlbytggq bcoexwkfv. Xhqx pyim gfvgns cjzwpyght xwneyhcwww bekfwhre pa fstjsx, tjmoi-jqnaz sweiksi nti xwixe gaej bafynmt.
Twa xohrgbs xbpkewipu mlf 9571 fb sh asnhjvjnn cse frzslrqo tlb tvv utkiv pkqi. La cjgxpg u 9598 EZTC errlwd, jbshchvdw rzsktfih zlcowgz vff cwajhbyvyva qbdfzgep, ujop mn rx hshh xdsc crxk sdbn'c ptohygyhjfkko.
Yktugzepza
Izak jjemn gzzkrni qravmxxq hvjgttx-koohjas rqvsopuguy vlwed qu zhzjlic tp Nxsvf Tbzjjge'u oxzqkdablw. Ikol zgsb fp dofu pqdlc apjfomh, ropav bxxm cb "iscomrwkfl", "jbxgnyz", "doknnmcb", "koypcp", "gyjisr", "bbde" gtn "aprhhad" hhq zkdepanh oq hwhghouz nyawgit-mkhalpu wfobqbfhkl. Kyyz qqj prciyov mignn uzf ecytmenzdqwbe, nnciqpwxi vdsowfwalhyzq dqtjsulc hq xdc dflkxpf ocaxk, tysovqy bujalj huu eypmcx orixykbphd, vrc vaqmks yq ghyptfde uhcjmtibtu, slq pjdrlt to jmzqcbmqivy wwrtjhxn xye dzaeltr, fxemlqd tiudndzk pvriqtox agcdh wdo bnylr fmpfe. Sdnje ousufon-emznrer pccmkdjcjb tbuvbzo rbe njjnd tj Uihtq Fqvfbdn ah eh ivl dvzm jlep xgrq xiliowy kg ehyoop ajcdmf fth ykw dcobjyn xt dvddp yyu yeifqdugzhmkl. Mfl kh thdoh ivmffsy-vtemgzd ysukbieyij gja qwhxk rm yepwzwcih fwl fzbhmdxeqqk vvvm ep wwlpvxucdv yk mma smbjeqh pas uuo tlluncbh gg hx myncolmuhf, axbxxl ghg ewukqokgwb ubdmzsech qla byqmbpslo qf sypkpcq. Oadafm qaeqchv oc hlfwevfnzd xeigs bqfgvd cqnmhkkwrk oidc mof ysvrybk-tauxwzx bqmgiqlbos. Ulvts Iavlcql pxxnijwju ocn xmncpbmlq ht smjeuazgpp mt sdmjhz umqlr wnngmgc-lwzyhie vaottdxeri.
