Good morning, members of the board. Thank you for joining me today for our quarterly sales review. Let me now turn to our year-to-date performance across our key markets.

As you can see from our first slide, we have some interesting developments in our different regions. The good news is that our European market has shown strong growth. Our sales figures indicate a rise of 5% compared to last year, which is particularly impressive given the current economic climate.

However, when we look at our year-on-year comparison for the Asian market, we’re facing some challenges. The figures show a fall of 2% in overall sales. This decline is primarily due to increased competition in the region and some supply chain disruptions we experienced in Q2.

Turning to our North American operations, I’m pleased to report that our position remains stable. The USA market has maintained consistent performance levels, which is actually quite positive considering the market volatility we’ve seen this year.

Let me now turn to our detailed regional breakdown. Looking at the year-on-year comparison slide, you’ll notice several interesting patterns. While Europe’s 5% rise is driving our global growth, we’ve identified specific opportunities to strengthen our position in Asia despite the recent 2% fall.

The board of directors will be particularly interested in our response strategy for the Asian market. We’ve already begun implementing new initiatives to address the challenges there, and we expect to see improvements by next quarter.

Before we move to questions, I’d like to highlight that our overall global performance remains positive, with the European growth offsetting the slight decline in Asia, while our stable US market provides a solid foundation for our operations.