HELLA GmbH & Co. KGaA provided earnings guidance for the second half and full fiscal year 2018. The company was able to increase the free cash flow by EUR 17 million, plus 23%, good development but this correspondent to a cash conversion rate of 31%. Here the company expects an improvement in the second half of fiscal year. So a good start with regard to the cash conversion, but the company hopes that it can still improve figures in the second half. Although the start into the fiscal year was very good and solid, the company will stay with guidance. With regard to sales growth, the company expects a range on adjusted basis between 5% to 10%. And the same is true for the adjusted EBIT growth, and the company expects adjusted EBIT margin of around 8%. Here again no change with regards to statements at the beginning of fiscal year and also after the first quarter. The low capex is related to a higher reimbursement rate the company has especially seen in the second quarter. The company assumes net capex, around the 7.5%. This is still the company’s expectation also for that year - for this year on a full year basis.