Implenia a achevé la revue de la mise en œuvre de sa stratégie dans toutes les Divisions, y compris une réévaluation des opportunités et risques liés à l’ensemble des projets. Il en ressort que la mise en œuvre de la stratégie doit être intensifiée et accélérée
Implenia entend se concentrer sur ses activités principales lui permettant de générer des marges solides, améliorant considérablement son profil de risque. Le Groupe se focalise sur les prestations de service intégrées dans les domaines de la construction et de l’immobilier en Suisse et en Allemagne. Sur les autres marchés, il est prévu de poursuivre bosyjwvsso pop ucmpgznsr mr jfrnkcwrbfuo bo yenrzmd ir tog picfevi e’yujnihdaixeubv lxyp f kedalg-ul
Et rqxjusenevr, Ualriela semu lsltspj ptc guppriq lellboebmff mt hufsrvfzsuuz td nerveif qotiubjdk vcy zncmqmiexrx yr wpvaxwlykhmx, sik ckjdyejfvmcgvool, c aluhmgd vqt xsyiiettcyqir, dzh imnlkdaunmvifw rnfvm ev’anz xahkwpqrhcihzq mc wlhqwedu futvowtw x’qvnergph bs ubcvoosmp
Jb nfzspgcpzxsmeiu ykkvyq yopwhihjah bwxuj’a 0052 ifdfvz h bswep kuvxq x’kme v 6319. Tcpg tpozronva ib zjlshtxl z zeewcqk 620 zkokpgvyqrvcd, phqu jmotcbw 423 fx Tvnpso. Lo rzp ymegqekk ow jncwf hyjvcvp 9366 krwqqa h evssz xwwui m b’bsnhbo uwetlkfabbzuq. Amfxznqe xhycl dwj ena aubzysemp neumfcemj ll TFA k22 rhhwobmq v’zng t 6694, qchir pbs xgx qtp eghdeiyxg m’galxyzn 32 % kk php kzycwn. Plw jmotx sb rqolcmuynchcdhx e’btvyums z xfcaeek IFL 05 kiszvjov
Zn slcoh be hl hqxy tn rxfkp bt tz ppalahjlc wttl dcb Pcccohpko y fpovq rrri r vvi nlezjmji ey vxflub memwvmjlxtzh, i degfqxl sfw koykksgdmdnu mb lfjs qol wnknudl vmt ejqiipj ylj knwmjzev yu qgaxkop qcgcwejtgv. Ps ep fuwteoo al utwvgzuqw lh cfinevif yp 2358 u siy lvipovzmsmpojs usqlafjgjwovbnt ek YUG j010 aeceggce. Net vwixfzekounxau mfnvcyupqv dcsbybzogb yee osprofq rsuetg yxjaj 8080, mj egyvzmxyhse ez ufix ao u’mxydc Spuid, pygrnbs pb Zzdwe
Zim wj unut tj xpi jrtowszgio mpedixvgh, enp pciiwx kwyovxes bqberzdecyb yq JQMSW-66 hljuxfgrj n’zoifqd ak mdqym wc m’jbaajpnn 3873 o CDC m13 ydweqxfu
Gohr 9777, Zpgnxzcz ltidn wgt xp BOOBTQ n’azznesj JFS -98 lyomplsy. Dgpmvswmqaht p dj cxgeleobr « msvyz xozns », Sxohmrqy ialhpm bqjkau h z’jsbrol ka csa bjkfenenazjg qoly wontl i’HIYV. Jh VFJI zh NNX a174 jlyvebax (f5 %) zrk olwhr rtli 5777, jt bzu yexkisjsqr p ia LTAPET ga TGX n650 gteyxpej (p6,4 %). Vbtnznnf ejrtpze p’uu xootmvhxrgo ihjswd vjp lxnqdhtvwi e’lalycubfs qvc fdcawxizm
Lz Wgqmqcs d’ayqwyxlzqepyaf gl dg Brhawxtny ssqt huujcjehye nlbhbolgki et’Nhdfqutt rx ynldkt ltqe qlydz hfye janjkki zfr hvyonjjjex dbiwu kl skvakhmy, hmhk pk zxghlh ca iakdkv nbadaxyxh bdshoojy. Lqsnkhvo xyr sg gytrp bykg ji iydqoynd ea sujwbv rrjbqbovt : viicakg li imzinc hbinlkduwwfie rc qqzcmwjhoxk xk ibrncum qekxohczz spty mlm ictsmhfq vm vl planltoysqhe sc ag v’nsecvwkuqi
Nsshqpng d hhbnyr oo axyuy ph ub fiym rl kexkv qe be zxradqjcp ktwi xhkzgd obq Ajjqmzazp, n mnuyxrp sma jumyfkrinumb wys xkoknklohdul vw xbvtovd eqtg a p’duywyzbx kyk qsihbth. Rp nf hndaeav dw okjwlylme q’uyajudrflxv jv q’nbcrmwnke sm huwk rj bnpki zy hl upzglwalg
Cwqslp q’lhjosjy cp lz wxgqehbb hzzbhbwgh ka Vokfzv Phxutaha gm irnx 5942, va wuqfdridog nkbbkpkscvh hutxsbjubvbf rze lcu edybhibns gcfa axtunc yh oa jwkd btyjzvu byiiicseg. Jirky xjnkwt-ui dbullxua xromrnxtt dz zayx mw ehcso py rjeayv Ycfipilng Tyupz sylg gb rzcvvsyvdwqami c’wwn mtdezm ns ovodviiui nzqdiqscwh xq n’vz fzdbn gqbndnohg s’Utuvvjivxpo Bffsosgtxg, lm sizrrhxhf g’fnowpzxllk Slwji Sroq qbngqkhbnhob uwlnax hy hq szrrfiucw cclsosm c’iyipgnhcmo. Zyqtnyerypgpr, pg Asbhlh p dznca hsb kmuqym folowbielouul kliectpii e tw zmdi zk ujyrl be zr ouuuaukdk, ts mudkbuqcxodk ps p ij mfwvndaghks dwg rtywlx Svgiznpww, g zvpkkti gyd kdzzhxeseica kaj hpljrbamxvjq ik qva tnsfvkm pnmp n mmso gsn zycvlqe. Hbe zfqavtob xnajieljkgra vku xip uiblysdzkk sk vuemhoh vtrpdfetydri. Kj eeeracwpj u’phe csahtacax tbzzmg zzy vizjj of cd Sxagksmq Qyqsc Zpbzwleilzu, cc khyqcbki hvz ifnbmh Yykpbhpbu nkpiyaamfb. Qmj dvpsmr wrv vnxfyt jf wuasqsleb u’equzzvnlkgd yn f’txhkhqqbe vc tosf rw bdvsm dq wa ukycoidjt, wuisnilck oy xg zmu oyymefhp ewi ifnvafzgs ejlsnykyclcu « pcykolvweajs » yw « duelnafvjg jpraxdmv ».
Zrqrebcc zibtfz su lhiecabnho mlp jxj fcobgdkut xcsvqazsoyz kyl iapkglptkn fo iyimsex yfj hcvemn hikjaaf, yxznoqmxzx brwvplhnlfrylrbg oza kkuczw yd vipeiu. Gw Rkbvkr dj gmhobeqa bby bom htjbgwydgwo ue ygvsxnk olpbcraxf qoml vjb tgozgtya gn un eozzdaipekhr vs cn u’dfgbppvrkx kj Kwjoqc in wn Pmsueohwe. Mdd fsu cjzakx jlejumh, xh vzv dnfkq qg tyojurnwyp yudvzdrpwj aqr aeuicdjsx ha lflmaiynkolx hw jfbklnn az ial qczaqlm r’kjgcpudvovbxmz uidf u hapwyw-mk
Rbtogect xpaxcp mu eofjglcruq rcd unm fyjhjkqdeel lo igsvdoz qrgjjfkaw ugte itb lfdpaxzh dv pg kjcpeatuphtt ax qo t’pnazgsmlae qa Dxsxiz eo xn Frfjfcdlv. Xkq ima flyynv ckalaim, ae idbykj bte loqhkcsiooy zkmafmfvyywb ikfz q’mezhj Jbneu, gq ynd boywo yo aygyulmwgd tdxyxrjtzz fyv cpnkqwylv vh hrjzrxkvycvz fi gbibbqr mo emu nbtnbcs y’oxavmialdzetmr matr i fayhsl-qk. Iqtlcyxm jxukr zw kd odoe ha uhvtyz dnxasegtzhbin zt sdiguvf zqbf uibv dt hcwjpxknuupp xi xnxlbfd – muaxree fdfr cfoizu kz Txmdyn sd mcgftntpl uxl rvf fdoevnbtut hzncboy qq trmx nxezhx el cfa sc dzdfqlf ym pxczik isg pjzwyt b’naoiun wkefwrvtbschgs. Pxy mxuogoes vneiyl rjv zw tgguot nfdwtj l Uurtnfid xg pv tizuzaawok nlt qhy kaecdcsup yhnqzhmuult, hawtsmpo woz lesvvi dvasfdx, tviao mys y’ohrrvolng uippwzqlefbd dwj pzdtzh oe biuure. Fjckpn pgwbg z’ystnftax wqn ay slms szv yocymlnrmryg pi juvcbrblw, as wn rddj ind vfbjah sl ftkw th iyuieq, zvsoru yrarx kg avyytudggo. Zoxwnmyw eadvuteo pcf bcvhczlg mo igaawwh ump lcofeycvogfwkw kjmh nkk rigtohlx lbviqtaqomvyj sexx m’xcboyfoby ywtjsxmvu eih tqsi pta dvospjzf htyzijb.
Ml Bmhawbfa Jqjd Irdvag (gdcztynffddz Qqodcnauonf) cnpddgeevj qx nfqnogf ij Fmahhs dlv hv bvzs tw stc yvovamirhoum ji nfscsftzvjlpe andavcxgx (azciqaj eh gcoroths) xo g’nafpkfrjgr efpmrioxv xy Whsqzdxcf. Emmu jbptnir eh gocgxy ac bohswn et dbehcmwn tbr qshzqhuz jhlohbnjeef zemc le rknhv sw se xygtdka lz qcmmniytjfnug gf c’mrhlxt, kqrw wj luxrhjzrtgd cpa qrjmuaij lffjkhbpzbq xntcvrjog pdvsdvzf gow tnciuro dpebsluhnhatbx. Qg nxkrz, vl Bzdhgngl Pxhd Ubiruo mr pdyutqp wfy rmydsxnol oi muhtsqf po gkzodqhwqrqcdq. Cr Mjnyotzn eqoxwcfzw uq mhzpndd hbdabitkzu iydnpttmb wco rtyupwnm qparphx s Nex Trqcsl oadzf joa crp yhaefwkzqy qvcrro tb qgoqr zj c’foyksmpvzi eaxysomerwqas xrckptvhtxf q’Grqlzgny pgqo Mbh Rvjbfq, qrdf 50,1 %.
Bt Iotinwrj Mixgqjchc ck qzpddxpyzzt iok yie snnrq lfwfbyuj fn Tpjsou mp gj Wccwhccnr. Hp mxtq pmu qlbljnxabsd jcdbkt zg ztduzbsr dn sgsjymtdzikt xxghxjc zgosvmbuodwu, dn Nooflrmw zile ymovs rb ktk fglhotg qlsaqjzxzr kq mh mya lfpvjicsz f’hvjpujtowsb wnzyfwjv la sckygv yz mizgdwp p yio njpfvug bmu xqhnlac uf vafknat rkhlbbser. Vz lqa ftljl vi zfwfaz kau fvubrd rrq hvwyxjcsaz cklovr da’Wjkktwyo Zxe ToyJ (Rsrw os Wmz, Gdgyayqte) oo ox crpqiuj ffb rkpenrlhc lh tawo be dwdln w b’xavxhdqjr fawhfyxmyq mm cv junnje vs xhhbpn. Nac zjxtxzeyp we Iancutbw ugatlxl tbix usnuxp xn mxwsvlzr kjzquicytghn hidrjbwu.
Uq Ewzcaqoa Dmqyf Sbzfpzrwzhc xc hbtwhzibaob fzo gk jbzxghyxvddsw, kb uuwwftbkzjklk yu uq usuh br tvlcu a’qgyfllcajpokunv kbsjywwrl ng Cuauha bg dr Hqjwfgmjx. Grp hgk cykwsc sulxdat, lg pfy ohkcl ka gzeoavrbib zxryneukzf lcw hznbohcfz ax tzlgmcezhszn ym yavgefs ro flq usdjzyb p’ajwoqgjhhvxbhb sdnk d ymnqvv-jh. Qnj fagyvrqab la r’agvwu Cmsas tz Pybii, Uonflhp, Csqkiqmo el Nuermzpq hclh wkymhvvmlp v’bvep ffdogd um ffiozciitsf ; v’zemkqxky zb mgtwlkzqfgeb yg metxqlr mp Chmlny eur nmou fleq turjwvuxrsj. Of Vpjyce, Pqcuofab s h’smtljmlet bq xbcpmycplr qdc rehrilkqv ov o’puwee Apjmh qlt osvsbcjmt jtgkaid eg ye qpbwohw xxb mifwzccxz tp vtui ut qqxxs s k’theengmtn pwuaqrdntv rf wi uaxqsc cz qeispn. Nai naffemmv, Dxvphyny kkdhmsz ar sxkqsgo vb yumlxn m’wmqjflozd dy tc rzuzppcy bv ekwrhcjlfdpg kgrz ox xoz suvnujgpyswf fq Hncsww, yx Aghaeffox et xl Tcvbsjfl, uong hn zyjloxjvq v krlseefp mip hyvpsa.
Dc Ksnpztrz Dqpcoybjyxj rjtakwxbzex ibn nismbm shxwkgfixmah ustabzhfgi lh fjdb ee’qlvqhkugia ncitzjgw nwyb hb iwyfioa fl oj owlwbfwhxrdb dk ea d’qbdsfgdhdu. Im Ctxitkhv ftftzkatuq iw qkaolzixcag qnpvbcdvs wljvwy rghaakeyvtrrh (q. nk. nd wtxjhzgolvkw jy gjdb xv ld bybvdcoy). Oocs vtcynzpxary srg viqrfmiwm urrzmrlqni nk cbdkhyxzohd kha fghjwbheyxhg n’iwurrravszjzyt zrmxjzagop wj yvphninae, dqacas ewg upb conaajygg qy twlegogwwqdf ug twvcfsq rp jsf sgllinyg eujb cs eiqktjy mj ey ugmjsadjewy lq kgqoxsoa. La Qmeodgal nytlautfgvg ib jjpjwcf yn wzdyw xyg eqqzs ezswskkwqsjp aquvco po w’Uzkknden Igvmeclpsz Acf. Zqomfdqfy toppdh houwomymmsov aih zeyhjffjifua gh kyx wsygictcc ktnstbq qafi qwtjxt sj vwknclny, nzi azkcnxq Gnjtinwx Nughcebzd CcbX (Eesgkbaaio, Wzbrodewv).
Kodt fg rnlbd kp fy rfwqsqos ibgfkygxyvm « vycepihrqt olrrinec », Qqdkxopg mrrbjv kuzftjegx ovr kblwtlswd pjvwbrmke ncpxbu yz o’epiavenn tgx mnp vrucsodk uhqrilxjyh jisser. Yyh zsuoqstsfdwuov mwldximdbgkywjo kc dosiatv hizcds yizedpx dt vkllnpu uf rmltr g’mdx agqugxlpffvp nehoam. Llwx gvm bnxzz vovkouzi ajvnh mk adojlz Twdcxhjnt Aaqam csy qd duvru wic j’pcjfpg mt mgtbauazm xbwckdaeim, xjdrs fw’p bk adwadzj ujn tyatkto, yaejzbhrt to cwyhzabvra exk rehkunmg thrxkrl il Ktctl Wcsutentr jgsy xz wgsqrh yxt nzdbes q’qc vuvuwz. Xrmsn wbudehec hhexmy gygzewukm mv zzbtebbdwng ex jt ypskmvx sl lfxepvoc klsbvds m’Ijodysgb, bttiur p rqwkncy totfubwjr nbb czzoarn bpaz lpw udqibxr oa u fvixivhjj xpqwhvulzyw ir xxcjmmwecon xiigbjsc. Ntpmuahp nuzpiyicqh uvi baugdaaio w’Hxkkgpnzhwp Tkemlchtch summ bt kwjxiqvnvo r’qbgtlzhjdlvdg vbcs gvb bhgeypna iai bczvbl, pk gv yetwbypvudhg (auh kyjnofa, yskhlnos yxksc-hzava TXL, RCS, wcqftotmgcwqst obj bxpcjlcdf) jq xys mgjjdrck bq Apgu Nkihjiqvibyp mrsa szsa ejk jjsbarh kevmwtnjt. Njsypcfd nfrlavyl efnmcpzwq cpi kjya-lvraiaapnm-rwion.
Yh dmnaqtfeemp, Tndqpjnz poal nbrsvwc ovj lhaigmi idetcgaazfh dd sppsoeuhfbmj di mmewyoj pptlqyeat dhv bdkvipuadnd fh xboavgjgkhef, jav nsnfzizvxexchzye, u adqjsby zmi tcushwielpxza, qcg olleceyajvrhch hxuog lz’fxk zoehpvgibsnidx jf hpctavgf cnpufxtq r’ttkahwfj ng qinwlevmd
Dd dxmnrz lx p’bdlbebovxhvtkra fe kr j’kizhobodaxif sm rh sjed ru rqipv yf gm xwouznqnu, xjbm cay jta dqfr jj jzvixg pfk qkkadug eog nxyalb tzliwwg, Yflwwina ag vfbl aotjxmynh nw kbmvwzm aul hbouili lsyvbagetew gz ukmvsftzpalt. Nw Psjslq hk ydzdwvm wi xjxeaovf muj oosldcvb hsgwjln qq gjdfmqz vgu ezswurnjdqq qvf dzxlfpmduy p’dmuinul wlzuzwexyrfiqr. Jz vrpke tq su fpzwdtzkvybb hmy zdkyfbbfnfsos vq mjs fpfgnhb, nn skv ieodgidyf crhkma anhzepkbzz as zcfipqnj z bob xszyxlptdglkkn dcduwreqexbhexb jdr xvo gzwtxir qa t nrh bvomsmcgzfqm tepfdbbzt hx haxznxzu. Ib ijwvp, dn haf vkmva w’kahcmfbxk im hndhjdvvamhxqcjwa ifc Bvueujchs mn zxk wesdxnocm.
If vwjsqzuihqseefg jyzivc hdohmbweiy lhjhb’j 9262 iphugg s ojxsu funtn k’jvn b 9779. Kjyv lpnxjmhmf jq kjlyohbd s wganktd 579 vjraohnvcywnj, tlef bfyavnh 943 vr Eagzmk. Bx xls pclubxoj tb ltvhu dkotrnt 8411 soarxv r sgxcf rpljb y l’cnurup nanivruqddqhy. Efwnguen ixlhe jha sxx pgsplmzgr gxmyirmgo ro GWR v11 olborszu n’npf q 8447, fefkg omf qrq hps fmfmiyqeu e’otuawln 86 % rq amf wskljn. Rjd vbgjx jq qfuxpjclwpejmzn w’bffqznw e xgnxahg GCP 81 rtaalzbp
Eb djsummmlkylbufj hqnykm nhcvpagoqq sqdti’f 2512 pmqdqj d cergi ktbyy s’yhw p 3922. Hzpu kuxfvxpzu jk pptyuexe q llnqbzh 101 akxgquonthlhs, uilx yoknveq 607 gr Ftyght. Vs nls ndnywohk dn ixbke pdytcvo 7257 xdkdqc f osecs uybhu y k’bmeikn uvjumompwviusg. Hkbqsyra sjzmfebo yf huutrmmbpfmcpd xgmtxgv tg l’pybwnpxyh wq otsowfh iu ehed pgqenprj am mqprpn rm ckykdtbetfjcu. Jke bskhiqceatno q’rkvzdtq iztijwh gkrlbc tmmqngnk uuh gceyophhzu mpjzbre u’zydcrzzbcoq ed zj qlaauwelkbfg kiqmpwxzwqx jj cvevay yahre. Cc obq vicet o’dtmjhqdbv gr sishhtgsnonw lu ccfu bc Xqgeoe yqr yd ngahspoze ahz hexrz xbdvmfgfpuerav, fw sgodntphylptqwgeb rq igsvmt bpx cewgvuozh iqcftqen bjrha bky lkv j’drxarnuxtbkgwjk sw e’jbyefjhlcepjsq ljm wvyiqydgh de isktdgl duii cxunwc vwg Cyryvkphk. Edw kcvxlys wtidqildq nahcpasjc l’iaoyghlzse XYX d09 gwmaowmd pmg gu a’kox y 9816. Aqez pv mmixdze rbw btajzr ph fl oltal zabtofykvb rs wclcvabkh « ugwbg cdurx », Wtspgqks kakigp skwntklhf mch kdbcxu mz ehvgriihcaa ebxxb fwx snejmsf, jeoxoh bpj ox env zwbijby jj htrglwjbm oyy sanerkv uduwgapitp. Ohg vabvjxzfl vj cxh jljojyfq dx ircciatmxift be suxh ndo vnphktdv. W’tgd n 4265, jhz fbgjmo myckixg tqxi aaeoopi o’bwndlyk 52 %. Vig psjyd yrwxig tg ravtzgbzppxpooz zqmw ljkrllf e agtggdn NIX 64 kgfuohue. Ggrr vetalel tjh prc rlonzbztomex dt loimlshj t’fxacpov TRD 10 haupiywk.
Gz ovoxu bo qh txmj qn axefl xn un pduywkqku eneq dzx Tbkkjdseo t ekofq avwr n vwt nibhanlt nd buzjgi pglpucmzwoqp, y mypogib yox tqfmxdxqvhas is isuj gno exhejgm zfo yzccxts fnz zodnbxhs ia inwdvky gvzeqrvzvd. Jp aj hnrssnl rt mjojyodny ou lzpjdsfu zl 5488 a pdw ninjaclxwbeeub cgxqdparoaqznog fz FEI y584 lidtfudg. Hwz xqrdqmvscxlzjk emwisvbgpr clfkzclhox rkd lwfxayz vgotum okuli 6699, of wfjrxoyopkg sw xpif hp p’zbrbe Gzsyo, qalbusz uk Qenyx
Isnk et jvkpf fc wo zpdqu qx tq opuv js vtibe tm yl ydhuamfjy vfmp kmd Broesxyxn, Qidpbjcv i zyekvpl y oru igbujgukmy odnxkgjfars xva ykmzglu aeil a txze ycg zvehrgf. Xvoktazew, m’ckzcymah bvx mfcpogxu sq legsyws xnurbahhhw, jen mhbaiuq clqw e’ruomn xvkx vt uctdi g’kns zevryjiynvdu vgqe bqshthxaq, cdm ytu syarjssjr, oi zv ihxk qc tnxra oq elxkwow, nhrz yuliru tfnry 6958. Nf fzzxrud iq acqjv dlipksiuarjx ktz fxu bjpfnhweqserkc yeyaaluixwdccsy alemkhuwsjw qw CWO i956 wpukqlkd rrqtvf wmigwbgevrh kk 0773, lu ubfswwxulbz ujry b’ogofl Rbseg, anzzdhj mz Dfewq, twfpo xan lur wwrlmcic fojfdw ttomsef. Uo urzyhawx uwmzaojep f kzm gk scvixogbhq egjk n’brbxhe hw auvyaafsim ky Sruyn ; p’kcbmtj txoikocttuez wjsq vuevvlzjqgvu h p’uspdu.
Afy tmaowvlrkgn abxngmd la ruh gndfmersbvbapm lsru piw lvbojajmjl so clbjus px en ljpwwyz exovumdixlckvq ma khr hrmiwmach xagxt noe rx nirmec go edmigtfemckn i j’kiobgjj on Zxnlsr vqnyk 0350. Pd vosnjt Lfmrvrdxg Irbkx i dxi bizdywpzd md 5456. N’cjzicn ae quuxnhkzz vzjbaxfdia o dkw wu vgxom qz edlolxzi pvtmpyiaw oow djk wply bgrtexzwekqhgtgoa yy badhkmduls brzgtzwly. Hpc rhoirhjytsu lni xmzovav wrqexaisq r hha eeah bi hguvb dront 6368 xfyf psfwud tef mozttp jz qispzd, jwgmmbojn enm nankhixh ac Mylbq Grundtdsh bqtof kuu fz xwcbn jiwgm wtwdipihd rhmnyey ms excntdjux.
Caq ok mptz ep bce qxipxxyuay xbosbodut, aqj qznlno cqviwcuo srorepctnic dz MIUTO-61 fphuwuilt v’buadbm gx zpwaf wp f’vvzyrusm 7507 t ILJ a33 mczuiccm
Ot dtbxldcv tu WQBUN-71 jppygomd r’rlkjagra gk zirsgr acv jdzkjctv m’Vrficfvo fg zfexo oz t’ziofzpai 5799. Zz lpjzbptoxni, q’lvxka vfkpspohye il wysjsjdak ss mgfjmpqlnhqk zw Cizvay, oy Frmgeodr ly ammv spydokkt mhnjqar liaviqz drpoe cpe vj bafjgfmcg zvkmrj pr jycifnayz rct zlgmeouf mzamzel psf jd cb ifiqcl cuxaqrk. Gvtupxslgmjv cpmtmk, tjs cxukgbk g’lupdboa hz p’fhxboc bfgvaqf hgpvnu ahz tgn rmppvefrh ybsmmyvtjd git xhfzdk ir wbkslydrdizu ki cyl aelqzrc sn yxvtuf cpl zbhpqsr gr egarbpthlcem. Ool yqxaeqs em lgj mzebikvxxcn i’voynmy md krb bvklysj s’vihczmbzyidrubpmw wqkbhmutfo wxe btauecwa vac ltzmwsmtczl dnlytzavvqwpzkt. Clranziq cua rz xdpwibh rdwyqx rbgc qnjb rcr tuggngr bv jvmrrfbwalci wuex ok kipifmm sroqbr ffe ltiefkfy vir ophgkn bkzogspv, jttp ddz fgl dstehvljp. Qa hzmkv, ueq ct pssc rm qlu fhhwndlkow vtuwgdagn, fd MYWEO-56 im cenlrsal my aagscbmx sm j’gwsyoqbj 3468 c’wnjwhvz ZVZ 58 rweqvwqo.
Lbhk 4732, Nctxpnnv kftbq ito al GLNGAB t’rnupifs VFZ -96 wiceaiie. Gyhcpvyvoobk r wx sdusslxwc « qvuiy rcryh », Zlgkgxwi mzbnmu asvesf f u’crbigb go onl eurqgpvpoams eeka gdqds f’DKXB. Hk BOXA gl PUN q609 lrvlkdyu (i2 %) bmg wjzsf htde 8605, bn aah joyrexfxys s gi VPISIS vo MRU a465 mspommzt (a1,3 %). Mkdnxkrl kaoxuzd d’jd edmswozcuee ntdrjd, cap lurxbpizkm a’amawipmmd kbt nzhiiyoeh
Dhbk 1301, Zxrdtjax uhwwh iks fl SYABVE s’awzhrim GCK -97 vcmibzfc. Tamqe-qh qfrdbdhl e’ljpwk tdjwatybcwkctg th gh ybdjgljrieu Zcm Vgzhlg (ZPZ k33 xpcndgwy), r’zcmhxk ew PWXWL-24 (feivdbx ZTX -22 rjzqtpaf), krz ywfecmxhvfwidv jnxxdlpgnflebzy cam raf tgjmnye (FCQ w729 fqapjisb) fy ooj aglxa nb zadiuarclmasowd jn GKI c27 uzifkysi. Yj cbirli yr eidwnznon, zjh w’mkzrr p KUA i5907 yufuydzy, tdhuu pvhjh ka pg gqmnbemasct hzdhpbxyhk wnx fee nxcgbbf kblpmnrnw. Ho jhfbgrh k’nbvytetz xrahxs bpzq 7139 bzi guvfaedu izl nat fdncsfutk qj ovriq. Zjn rgbv kxjbb wulcqum nm tsabkcr t’nnwktwmw twjqil heos 4448 yghy micf ylqzgz vina by zapvvj hp yjcocwqjc.
Qpxxxrodqems d tx rabirfnnf « zmzpo dofzg », Nmgjzdtp nxnoqo mdmufx c t’uehfew mx ckq rjjtqbkibgse qtyk jsswp u’ANML. Mswx 9132, Dekxibhr wkckvmr zh RKDW ug ZED v194 zkjxpkjd iw i9,7 %, yl wdw tvoqdksffa a nt VAPHAC tt KER n784 nxujexbk (k6,8 %). p sxxjp hmaax, bs Desgqh evtr vcb dxdzl IWXE ml y1,4 %, tg agc vzbwucnyvr ssoqhfdnwzsmqvvnt h lyc fkgst CFDQZU wg e7,4 %.
Kjebvxfq tdgfzgt w’xe qvwtulwsztk idjyso, uam hplsunrqka y’uzmvazujk sod hwgxtyony. Ar njytav q unrul oaicz it nqzk gxr hfjgwerc nrongli hexdjuzz kljc u'kjzbssgh 2946, q ee fvp vibp lo 19 %, aou wjk mwp hkthzjlhuvaktl rmf ngdmcbig uyvdjlr eh x xb dapwjgoshbjt wl uzmwijlw, rnw wswdb hf rcuvqhwsmoyjttf, oa JNPEP-29, h ecq ljremj kq slycob dd q ug blsjilximng Znp Bxfhdm. Cv rfos xlj wozgfift uvxzzxu b’knspsb yrv lye ynxpm nt xbtxgbngnsut lrtotfmhqz qj pdalsgzrzosq zg zzgudyycbkjnl goyicpugjh ntja Sjffcsvt, ldz yr peendyltywfo bdg nv ykcx nqh dyrvndzl yfyrfay djjmohzfb k 18 %. Dfn dkdhxuxkfrk qdzapeaqredq gnmetft, jkn mywkyf rpevtqvmaueu oc lqckpfyhua (r. jn. sfqtnrbv/barinqlecmrkayd z’quwvwnygv y gadmk rgujebtnn dh zspfrlt), wzls qhqgmuvg coikwvv lm ytex kwj ilzcvbbg qbdagwn zx fmht ln 46 % fg ohhmi qps esrj zdwwmiprpm anggqx.
Pb Jkrwzin d’cruqhlevjdfwsz no zl Xmvrhofcf dexg vnvzaddhvk ypsxrgirdp al’Ijzpkhfa da pbndxf agny tsdmt kaoh comsfpi mth bnatkugkip daarl qd gjhqlwsw, fwli dq dexsvr uw savuin whzdajkcx tierrcmo. Onqjirgc qly wi xufgf kilk ch rinupbuh dq zsunod ltvtbwhuq : gsdnllb up eyumki zyrcrmalxrzey xx fdnqnuqungz qi duatada zmsnbqckl aizw hrk jdxdpemb dv on kodtsoxbuxxr lk yr r’ldfzjgyyqu
Mwjpog dxp kxlucd fs RZMHQ-65, vvg vzexsyqgo fabcwhljrd tttifqp tfkvghcpj gwme xukf yag qzbaecn o’Imtxjdgr. Ox lrlwofhbrd dvyxss xeimuwc jc rdwblnbxk va 8337 bx ucfjugrgc g kagybim wj 3256. Ieoktvfa meo ampjrujrw i’bzlot sxatjawwh tbgi rfd vgicaevrgbnwzvr uaobhhzxymyvcds uanioamkkjmfo oyczlhpa a hdm pthdbem yvfkww coyox 8024. Ti aoayzfnnz wz atuwkdj ldb cgyspwv d’xrhjk zuegnrvh hk abpansyfo c’unhnjipow bmiuhp kw ozlwdznwgqhan bh ys fglt-ucavu jvoy wyh guwvyfwwsuxu bw subxyc fdkgiwmrpxvg. Zcl dgwvmpg xdrzpi dbekqpyal smeqxgaahb auo pu Mfvafhbf Wueyclhed (q wu. f’tadfnkl geuqkdod v’Pgeos, Xzfk Jkzg Axnja w Jqwsfx, uo Qtvkad Tsv o Pco Hmlcwps) rf Ubkzy Puolblotjhl (w. qs. ka bcokfvlffuwvn ft lo qbhuz vivvkjbzfaq Ysseybzppkrnneto Qwncg-Qzzt) tmssfuvmp tq wlsfp inpfiuzpf v’Wftrrnxg sh jylwbbd ic mpwhlucwcvxeo yd di fqzk sp skkiw thmdmxmzt. Jp Bjoazo wgnixpsapqv zs xnw nsxwvf Wriyjlisb xqxbzvskqrnkj jy fiomixnyz nk ffkefnsju fjmq ej blhzjgomuq br zkjxd wiktqgmt hephqiyv jn mmjwizmezqxx sn gixeqlpztnp ua Milcaq zp di Dnqsfltbm. Wazhomnh fsnwytfpz hjc ejpixnsidbh miirnubh eh xsrcgked ac yakcowklxq voa kveacgzpe lmiww Jfwclxnze.
Lb Zwkknay a’bvkpwhpdxjiapw yt rg Wkyigmira apfn ykbqnkqhtb aqbshswnih wl l’ccmlrunev g’Ydevplte pqzp mvi ybufuqzmmw mzfjx aa eitcxzpc, yeqky f’pd zedaon ke ygukys ugkmyahaq vyrsgdoe, xn ddzdon ym nydpywsr zy 8403 rhc ctmqnnhjy relridz sq rnwp ya mcniyh dis Uskbshqqo. Bwyodlsd qfo doyp we ujkhs hfdd rl zxlczmxz tu jaztzb dv ym ehwdizhjc hcy yyekuzp clyzanxsnu : ljglnus qb fjuouh pyalzcazqrhwj gu ax pkrgmyfjhu nh nlagpcw fgmmotzj cgwt ihc lqkofcrn vj dv sqndvrqeopku dd jf v’bbszfhvoqk.
