overall statement by the management Board on the anticipated development of the group
Also for the future we are expecting a market environment in which we can grow in the long term. As one of the leading producers and providers of solar power technologies worldwide with a strong brand we have positioned ourselves competitively in the market. As a fully integrated company we feel we can take on the price and margin pressure caused by the planned EEG amendment in Germany as well as the worldwide increase in competition by way of cost reductions and technological progress along the entire solar value chain. Following our strategy we will further expand our position in the core markets but will also increasingly open up new growth regions.
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