LBG 2018 Strategic Update

LBG 2018 Strategic Update

STRATEGIC UPDATE 21 February 2018 .+;>*;B "! ! H*6-.5201=.-=8*778>7,.=8-*B8>;<=;*=.0B/8;=1.7.A==1;..B.*;<@12,1@255=;*7</8;6=1.;8>9/8; <>,,.<<27*-202=*5@8;5- !?.;=1.5*<=<2AB.*;<=1.;8>91*<6*-.1>0.9;80;.<<*7-1*<+>25=6*7B<=;870,*9*+252=2.<27,5>-270 =1. 5*;0.<= *7- =89 ;*=.- -202=*5 +*74 27 =1. & < @. .7=.; =1. 7.A= 91*<. 8/ 8>; 38>;7.B 8>; =.*6 2< -.=.;627.-=8/>;=1.;269;8?.=1.+><27.<<.71*7,.,><=86.;.A9.;2.7,.*7--.52?.;<>9.;28;<1*;.185-.; ;.=>;7< %1..A=.;7*5.7?2;876.7=2<.?85?270;*92-5B*7-*6,87/2-.7==1*==12<.A,2=270*7-*6+2=28><95*7@2=1=1. <2072/2,*7=*--2=287*527?.<=6.7=@2556.*7@.;.6*27*==1./8;./;87=8/&/27*7,2*5<.;?2,.<*7-,87=27>. =8-.52?.;8>;62<<2878/.59270;2=*27";8<9.;I 7=D7288;=*!<D;28;8>912./A.,>=2?. 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