Peter Sehested's questions to RCWLY leadership • Q4 2024
Question
Followed up on the Russian market's current state and future risk, questioned the low-single-digit guidance given the positive components mentioned, and asked if the strong start in the U.S. was better than assumed in the forecast.
Answer
The company has almost zero visibility into the Russian market due to its passive ownership. The guidance accounts for negative factors, such as declines in Russia and Eastern Europe, which offset growth elsewhere. The strong start in the U.S. is already factored into the guidance.