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00:00 "As you know, the group is a leader in industrial gases and medical gases.
00:03 We have published our results for the first quarter, which are good and strong.
00:10 We are a very agile group because we enter into different industries such as
00:17 petrochemicals, food, cars and hospitals.
00:20 The first quarter was very good and I am happy with the increased contribution to the Middle East markets."
00:28 "We also see very dynamic underlying trends."
00:32 "What about the growth of sales in the first quarter?"
00:35 "We have achieved a double digit growth in our sales in the Middle East, Africa and India.
00:42 We still see more opportunities to grow despite the global economic situation and the challenges around the world.
00:47 Of course, we have the supply chains that are growing and declining.
00:51 But we see that our customers are mostly good and profitable."
00:55 "How are the projects in the Middle East going?"
01:01 "Our projects are going well.
01:07 I think that the Middle East, especially after the last year's COP28, is doing well.
01:14 It is following the strategy of a medium-term and long-term vision of each country.
01:19 How do you translate this today into priorities in terms of investment and human resources?
01:25 This is very important.
01:27 The region has good capacities and we are currently employing people in Saudi Arabia
01:31 to run our factory there and produce hydrogen in the Kingdom.
01:35 We have human resources, stability and infrastructure.
01:39 Therefore, our projects in the region are going well.
01:42 We are also investing in Egypt now and we will start a project in India very soon."
01:47 "How much do you invest in India, Saudi Arabia and Egypt?"
01:51 "We invest about a few billion euros annually.
01:55 We have a market share here in the region.
01:59 We usually invest between 10 and 20% of our annual sales.
02:03 This is a typical growth model that we work on.
02:07 We also have a long-term investment model with major clients and small investors.
02:11 We also have a long-term investment model with major clients and small investors.
02:17 We also have a long-term investment model with major clients and small investors.
02:21 We also have a long-term investment model with major clients and small investors.
02:25 We also have a long-term investment model with major clients and small investors.
02:28 "So those type of investments are very different in size."