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Gases Division, local business model70% of revenues come from a leading market positionMarket leader in 55 of the 75 major countries,#2 Player in another 11Sales split by market shareBulk & Cylinder€7.1 bn*< 30%≥ 30%≥ 40%70%≥ 60%Market Leader #2 Player OthersStatus 2012*Sales of Bulk & Cylinder FY 201148