I just wanted to lay that out there with my background and how I'm thinking about the situation. Hopefully, that color helps inform our conversation and gives you a sense of the angle I'm coming from here.

Thank you very much for the introduction. Let me make two or three comments. What really happened with Sartorius is similar to what happened with Rome; they became arrogant. This led to a couple of wrong decisions, really wrong and egoistic decisions, from either René Fáber or Joachim Kreuzburg, which were against all logic, I must say. There was also a lot of restructuring, especially when we joined the DAX. These changes in the structure really destroyed an absolute winning team. We can go into more detail later if you like. The real problem was that we were so busy restructuring that we ended up destroying innovation. Almost no innovation was reaching the market, especially in the FMT - Fluid Management Technology - areas where I was responsible.