Chris Barnes: Hi, guys. Thanks for the question. I just wanted to follow up on the Fresh Vegetables sale. Are you able to share any expectations on just the timing of when you expect this transaction to close? And then just also around your confidence in completing the transaction, just given potential antitrust concern on the sale of business.
Rory Byrne: Yeah. Thanks, Chris. I suppose there’s a couple of things to point out on the bench deal. First of all, we believe that this is a very good outcome for all the stakeholders involved in this transaction. We think it’s a good deal for the buyer. We think it’s a good deal for us, considering our financial dynamics. We think it’s a good deal for the people involved in the business as well. We think this secures the future in a very good way. And most importantly, we also think that this is a good deal on the right move from a customer and consumer perspective. We think the combination will be good to create the ability of a great investment in innovation and efficiencies and particularly around food safety. So as you know, the competition process is underway.
We have been advised not to make too much public comment on it or we don’t want to risk any interference in that process. It’s a process that’s driven by the buyer with the appropriate input from ourselves on the program that we set out within the SBA in terms of how it would be approach and how the application process for competition terms with the understatement has been followed rigidly. So we’ll work our way through it. And at this point in time, we’re not in a position to give any further updates on as the process evolves, we’ll give an appropriate update.
Chris Barnes: Got it. Understood. I guess just in the meantime, while you do own the business, can you just provide any sort of like status update on returning the business to profitability. Like obviously, you had the cybersecurity incident earlier this quarter. But like have you seen any impact from like the extreme weather we’ve seen in California, like in January, creating new disruption? Just any sort of just update on how that business is performing? And what you expect while you still do own it?
Rory Byrne: Do you want to take that, Johan?
Johan Linden: Yeah. So we are happy with the work that the division is doing. The focus has been on, as we have mentioned on the earlier calls that we had, is to service the customers. If you service the customers, you normally get the volume and you can get the price, and we are doing that well right now. Very strong operational cost focus to get costs down, and we have also seen good progress on that. We have negotiated some new contracts, and there we’ve been able to push some price through. We have formulated some SKUs. So we believe that we are making good headwinds with the division. We had a good finish of the year. We had a relatively strong finish going into and also a good start of the year. Unfortunately, we had the cyber attack that had an impact when it comes to serving our customers for a while, but we are back in servicing them fully now.
So that’s fine. The weather has had an impact. All the rain that we got in California, in January especially, although we don’t have production there, we don’t supply in January out of California, we do that in Arizona, but we had already started to plant. So we will see some higher vegetable costs when we now do the transition here come in a couple of weeks. So the yields will be a little bit worse. But overall, we feel that we are moving in the right direction.
