Tim Daley : All Right. Great. Thank you for the time. Appreciate it.
Lisa Miles: Thanks, Tim. Bring the next question.
Operator: The next question is from John Sourbeer from UBS. Please go ahead.
John Sourbeer : Hi, thanks for taking the question. So, the HVS growth was pretty solid in the quarter. I guess, just can you talk about what products attracting €“ to name us lots of customers there and the company is approaching that mid-30% revenue target this year. Any thoughts on just where this to go over the long term as a percent of revenues?
Marco Dal Lago: We remain confident to confirm that in the next few years, we will develop this share in the high range of 30%. So, we are in the good trajectory. For sure we are investing to support these opportunities. But our strategy and our view of the future is not changed from what we communicated in this past. We are pretty confident that we can achieve it.
John Sourbeer : Got it. And then, I guess, just a follow-up clarification on China. Are you providing a timeline on when do you expect this capacity actually to come online? It sounds like decision be made in 2024, but just any additional color that you can provide around that as well.
Marco Dal Lago: As of 2024, we are still analyzing the situation to take a decision about the €“ to restart the project. I confirm that it will be some time in 2024 start of this project. In terms of revenue, we could be more precise in €“ because now we are still in the analysis of the situation.
John Sourbeer : Got it. Thanks for taking the question.
Lisa Miles: John, I just want to follow-up as of your first question on high value solution. Well, yes, our target in 2026 is now high 30%. I want to be clear that is now capped and that we’ll anticipate that that will be well beyond to add capacity when high value solutions continues come online.
John Sourbeer : Got it. I appreciate the clarification there. Thanks, John. Bring our next question please.
Operator: The next question is from Dave Windley of Jefferies. Please go ahead.
David Windley : Hi, thanks for taking my questions. Good afternoon. The pull forwards of revenue into the fourth quarter, I am wondering if you do want to quantify those and did they influence the percent of revenue from high value solutions at all, I am assuming certainly the engineering is not high value solutions I wouldn’t think and maybe the COVID is not particularly rich on high value solutions. So just wondered if it’s the amount and if it impacted the HVS percentage metrics at all.
Marco Dal Lago: Yes, you are right, David, this is almost 57% on high value solution on total BDS revenues. So we are pretty happy with the progresses and it’s in line with our previous guidance for 2022. 2023 expect to further expand the share of high value solutions from 32% to 44% and that as I was mentioning, we are rising a little bit our mid-term expectation and be now high 30% by 2026. So we are active with the speed of the shifting.
Lisa Miles: And David, I just want to clarify the guidance for high value solutions is 32% to 34% for next year. And you should anticipate quarterly fluctuations here and there.
