So we see a clear decrease in entertainment and leisure, in travel, in restaurants, in eating out, in clothing, personal care, household goods. That's where we see the decreases in Europe, but not in food and not in our categories.

Nov 1, 2022 / receipt, needs a key / Dirk Van de Put, CEO | earnings call 2022-11-01 | transcript 97d5c44b-ca4b-4f58-81c8-e8760bd38b41 | chars 25860-26091 | segment 26

Turning to regional performance on slide 18, Europe grew 10.8% during the quarter, supported by great execution and strong growth across mass grocery, as well as convenience away from home and travel-detailed channels.

Jul 26, 2022 / receipt, needs a key / Luca, CFO | earnings call 2022-07-26 | transcript 8dc0eac8-ea8d-448b-ada5-1a7dfc7979ab | chars 16581-16799 | segment 17

Mobility continues to rise, which provides a boost to gum and candy, as well as the travel retail channel. but both are expected to remain below pre-COVID levels at least through 2022.

Nov 2, 2021 / receipt, needs a key / Dirk Vandeput, CEO | earnings call 2021-11-02 | transcript 5382621d-c09e-49bd-9574-591ac92f1282 | chars 3543-3727 | segment 3

As it relates to world travel retail, that dropped almost to zero, I would say. It was probably at 5% of what it was before the pandemic. This year, we will probably get back to, depending a little bit what happens at the end of the year, we travel, but maybe... 65-70% and then depending on what consumers decide to do as it relates to travel that's the big unknown we will for sure go up significantly next year but I'm not quite sure that we will see the same amount of travel and as a consequence buying on travel as we saw in 2019 so that's still a little bit up in the air But we will get close.

Nov 2, 2021 / receipt, needs a key / Pamela Kaufman, other | earnings call 2021-11-02 | transcript 5382621d-c09e-49bd-9574-591ac92f1282 | chars 48649-49250 | segment 50

And we do not know to which extent gum and candy and world travel retail will recover.

Jul 27, 2021 / receipt, needs a key / Luka Moyers, CFO | earnings call 2021-07-27 | transcript 750ffa57-dc64-46f0-a513-3ed28726bf92 | chars 24779-24865 | segment 25

Mix was unfavorable due to lower world travel retail and GAM revenues.

Nov 2, 2020 / receipt, needs a key / Luca Zaramella, CFO | earnings call 2020-11-02 | transcript f646124d-df31-420e-a396-58678895eb9c | chars 11045-11115 | segment 11

In execution, we were always very cost-conscious, but we're taking a fresh look at cost opportunities, reducing in areas like travel and office costs.

Jul 28, 2020 / receipt, needs a key / Dirk Vandeput, CEO | earnings call 2020-07-28 | transcript f9217abd-35b3-4a63-9947-7b8367957c61 | chars 7821-7971 | segment 8

We did cut travel, clearly, but the biggest upside, both in terms of switching from non-working media to working media, other promotional spending items, some cost containment actions that we are taking in our factories, they had an impact that, if I had to guess, it would be around about $20 million in Q2.

Jul 28, 2020 / receipt, needs a key / Luca Zotti, CFO | earnings call 2020-07-28 | transcript f9217abd-35b3-4a63-9947-7b8367957c61 | chars 41267-41575 | segment 41

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