“Well, thank you for assisting in the call. I will conclude with saying that we had a solid first quarter, and we feel confident for the rest of the year that we will have an on-algorithm year.”

In context

“I called out, I think 3 out of the 4 business units, and the only one that is declining in volume in real terms, is Argentina. But the other 3 are doing quite well. We feel good about China. I think India, we're going to see some slowdowns. But all in all, it should be fine. And then I could go around the globe and tell you that reality is once we land the final customer in Europe, we hopefully see some reviving of the trade stock. And hopefully, the chocolate market will continue displaying acceptable elasticity. So a long answer to say expect flattish volume, but in reality, there are some puts and takes and we want to keep some flexibility within the plan. Operator: And this does conclude our Q&A segment. I will turn the call to our speakers for any closing comments. Dirk Van de Put: Well, thank you for assisting in the call. I will conclude with saying that we had a solid first quarter, and we feel confident for the rest of the year that we will have an on-algorithm year. And looking forward, if you have any questions, our IR department will be happy to help you. And looking forward to see you next quarter for the results that we have then. Thank you. Luca Zaramella: Thank you, everyone. Operator: This does conclude today's program. Thank you for your participation, and you may now disconnect.”