Are investments aimed at achieving greater vertical integration on the cards?
We have already made significant investments in the renovation and reorganisation of the Manufacture, within which all the professions are now spread over four floors for each of the two brands. Only our movement R&D team works for both brands. You have created a sensation with the Sea Hawk Challenger of Record; what other spin-offs do you expect from sponsoring the BMW Oracle Racing team? This partnership corresponded to several of our strategic growth factors. First of all, it directly involves two countries that are of primary significance for us: the United States, since BMW Oracle Racing is the only American Challenger; and Germany, thanks to BMW which is the driving force behind this challenge. In addition, we were just in the process of setting up our subsidiary in Munich, which is home to BMW. Together with this star brand of the automotive industry, we have begun to set up local partnerships in cooperation with retailers; we are planning road shows and we anticipate great pote
