Veronica

“The first one is on the leverage corridor. Obviously, we're at two and a half times now, including the map science transaction. Just curious how you are both thinking about potentially introducing a new range here or whether you are comfortable at these levels.”

“And I'm going to just follow up on that fiscal 27 bridge, if that's okay, Jochen. I think one of the things that comes up a lot in discussions is obviously still the question of the separation costs in particular, the branding fee.”

“Just first one, kind of how you think about the market momentum, I guess. Lots of moving parts, obviously, in Q1, especially on the surgical side with weather and some strikes that some of your peers have called out.”

“Two questions for me, please, and apologies. They're both focused on the headwinds, I guess, but just trying to understand the moving parts. Helen, thank you for the phosphate binder comment.”