We have three major priorities. First, we’ll continue growth acceleration through innovation, brand activation, retail strategy disruption and focus on local brands, and ensure that we better connect to the consumer. Our second priority is to maximize efficiencies by unlocking resources both through synergies around the acquisition of WhiteWave and our Protein savings program. And finally, our third focus is capital discipline, which is really about balancing the different time horizons when we allocate resources between short-, mid-, and long-term. This includes making sure we will continue to have a dynamic and disciplined portfolio management to maximize sustainable value creation.
We’ll continue to execute on the plan we announced in May 2017 at the Investor’s Seminar to deliver on our 2020 targets, including an organic growth of 4% to 5% and a recurring operating margin of over 16% in 2020.
2018 is a new step toward this objective, and another year where we will continue to be mindful of how we deliver results. Performance is not only about finance, it’s also about how we deliver good results in a responsible way and in line with our "Danone, One Planet. One Health" vision. It’s crucial that we ensure sustainable value creation for all our stakeholders.