Hilti's core purpose has remained consistent throughout the years. In 1941, our founder knew that developing our people was critical to the success of the company. Today, we still realize that our people are our differentiating factor because our products cannot be invented, manufactured, shipped, sold, or serviced without them. The company's Strategy Champion 2020 initiative, which is our guiding strategy, cannot be achieved unless we get the most possible value from every team member by bringing our full value into play every day.