DIAL IN: A contract agreement on the South Africa project is expected in the 2nd quarter with no revenue from it included in 2018. A focus on recurring revenue and off balance sheet financing. Ample cash for current needs. Ongoing tenders in South Africa for fast delivery projects. Quarterly updates on China (real momentum anticipated in 2019). Nothing significant from Subre this year. An overall expression of confidence in the presentation. As already noted, conservative guidance.
Ann: Appendix 4C - quarterly Q4 and Commentary, page-56
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