E-commerce is increasingly important to our business growth. With the acquisition of FragranceNet.com, one of the largest online perfume discount retailers in the USA, we added B2C to our e-com activities and are further leveraging the growth opportunities in this market. We also serve e-com platforms worldwide as their e-fulfillment partner. And for our B2B customers we develop state-of-the art e-com solutions to provide them with optimal service levels. We are shaping our e-com future, and you can be a part of it!