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Investor Presentation May 2017 slide image

Investor Presentation May 2017

FRANCE: CARAVELLE ENHANCES OPERATING EFFICIENCY 2013/2014 2015 2016 2017 2018 30% 10% 25% 10% 25% 65% of savings delivered as of end-2016 35% of savings to be delivered in 2017 and 2018 €350m savings between end-2012 and end-2018 INVESTOR PRESENTATION May 2017 | 33
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