“But as we get through those price increases, growth will come down.”

In context

“strong recipe. We -- I went a little bit for instance in emerging markets through the different growth vectors that we have. But the fundamental principle is to make sure that we are well-positioned from a pricing perspective, that we continue to invest heavily in our brands, that we drive distribution, in-store presence, we work RGM. So we seem to have a recipe and a way of working that is really starting to click. So it certainly gives us confidence that we've got something going here that is very strong. What that exactly means going-forward because we are in a very particular period where last year and this year, we had to implement significant price increases. And I guess to our delight the consumer has not reacted by buying less product. They keep on buying the same or more product. But as we get through those price increases, growth will come down. We will have to see what happens with input costs going forward. So it's difficult to say, but I can certainly say that we are in durable categories that are doing particularly well in the circumstances that we are performing well, within those categories. So we feel very good about our long term algorithm. I think we have to wait a little bit to see where things will pan-out as we get through these price increases and that will be the moment to restate our long term growth algorithm. But so far. I would say very strong and we feel that we are in-line or above our long-term growth outlook algorithm for sure. David Palmer: Fair enough. Thank you. Operator: And we'll take our next question from Alexia Howard with Bernstein. Alexia Howard: Good evening, everyone. Dirk Van de Put: Hi, Alexia.”