The company has also observed that, in general, the first quarter is susceptible to varying weather patterns. As such, it has stated that comparisons against the corresponding quarter of a previous year are not necessarily indicative of performance going forward in the course of the year.
Outlook
The Group has stated that its overall outlook for 2019 is favourable. There are positive demand dynamics in the US, Southeastern Europe, and Brazil, although this is somewhat delayed in Greece. In comparison, it is expected that conditions will remain challenging in Egypt and Turkey.
