Annual Report 2023

Overview

Conscientious management of opportunities and risks is part of responsible corporate governance and is the foundation of sustainable growth and financial success. This includes the ability to systematically identify and take advantage of opportunities while managing risks at the same time. We regard an opportunity as an internal or external development or event that could cause a positive variance. A development or event in or outside the company that could lead to a negative deviation from the Group’s forecasts or targets is considered a risk.

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