The first quarter demonstrated the rationale of geographical diversification. Indeed, if the operating performance came in line with the group’s full-year guidance, this was achieved thanks to European (+40% of earnings) and Mexican (+10%) operations which offset a weaker performance in the US (10%) and Brazil (20%).
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Confirmed guidance
The first quarter demonstrated the rationale of geographical diversification. Indeed, if the operating performance came in line with the group’s full-year guidance, this was achieved thanks to European (+40% of earnings) and Mexican (+10%) operations which offset a weaker performance in the US (10%) and Brazil (20%).