“So my expectation would be an acceleration in Latin-America, partially driven by the base becoming a little bit easier, but also given strong plans across those core markets.”

In context

“color on the enterprise market business. You talked about Europe enterprise market still growing solidly. Maybe can you give a little more color on Latin America? How is the consumer general health there in key countries like Brazil and Mexico? And then on the Middle-East, you're starting to cycle easier comps. Is your expectation of a return to growth in the second half of 2025? Thank you. Andre Schulten: Good morning, Filippo.. LA in aggregate delivered 3% growth in this quarter on a base of 17%. So quite impressive base period and continued growth across the markets. If you look at the consumers, I would describe Mexico as a more difficult right now, but we are making good progress and I have great confidence in the half two plans that we are executing and the same is true for Brazil. So my expectation would be an acceleration in Latin-America, partially driven by the base becoming a little bit easier, but also given strong plans across those core markets. Europe enterprise markets were up a point in the quarter on a base of 8% growth. Encouragingly, we are growing volume share in enterprise markets in Europe by 60 basis points. Market growth still very strong. And so we feel good about the market context, but also about our own ability to execute. I was just there with our COO last week. The innovation plans are very strong, the go-to-market plans are very strong, the stores look phenomenal and the opportunity is huge and the profitability we have in both Latin America and in Europe enterprise markets allows us to remain fully invested in that innovation and to support thereof. AMA, Asia, Middle-East, Africa, look, the main driver here will be stabilization in the Middle-East. We hope that that progress is sustaining and we can go from the”