The trends in our markets are showing a positive development and over the course of 2010 our later-cyclical activities also joined in with the recovery. With no signals pointing towards a slowdown, we expect this positive trend to continue in 2011.
During 2010 we saw a further broadening and strengthening of the recovery in our markets. The industrial segment was the first to show a recovery and later on in the year we also saw a clear improvement in the services segment which is of great importance to USG People. This classic pattern is visible across the board and trends are positive in all the countries where we operate. Recovery in the Netherlands and Belgium has been gradual as a result of the relatively large contribution from the services segment in these mature markets. It currently appears that the recovery in the Netherlands and Belgium is set to continue across the board in these markets. This is a positive development for USG People in view of our large and diversified positions in these countries.
We are in good shape, are well positioned and sharply focused. Over the past few years we have sharpened our existing positioning in the various countries. The further roll-out of our international formulas will make our positions more effective and profitable, especially in the less mature markets. In addition, we have identified some attractive possibilities for strengthening our positions through suitable acquisitions. We are optimistic about our future.