Stock Photo - 19 November 2019, Bavaria, Heroldsberg: A woman is holding pencils from the Schwan-Stabilo Group with a logo on the edge of the company's balance sheet for the 2018/2019 financial year. A year ago, the Group, which operates in the cosmetics, writing instruments and outdoor segments, reported a decline in sales. Now the family-owned company is presenting current figures not only on the cosmetics sector, but also on the business with writing instruments in the age of digitalisation. Photo: Daniel Karmann/dpa. - Heroldsberg/Bavaria/Germany

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