疫情之后全球增长或急剧放缓.docxVIP

CONTENTS HYPERLINK \l _TOC_250012 Ingredients share prices have been comparatively robust since the onset of Covid-19 4 HYPERLINK \l _TOC_250011 Beyond Covid-19: six trends that affect ingredients companies in a global economic slowdown 6 2008/09: a short period of slower growth and share prices underperformance 9 HYPERLINK \l _TOC_250010 Company analysis 2008-2010 11 HYPERLINK \l _TOC_250009 Trend analysis: 2008-2010 vs 2019-2021 16 HYPERLINK \l _TOC_250008 Scenario planning – what does it mean for share prices if growth slows? 28 HYPERLINK \l _TOC_250007 Updating forecasts 29 H