No, it's for publicly traded companies. Obviously it is public. I come from 25 years of running food companies in Canada and the United States. Coming in as an investor into the wine industry, the actual financial ratios were not that different. The margins at a gross profit level are probably lower. It's not that far off, under 5% at a net level in many cases. Once again, it is the smaller producer who doesn't really have a percentage because there are jobs. I don't know what the number would be, but there are a lot of jobs that are actually directly related to owner-operators.
On May 15th, 2017. See this statement in context.