The outlook revision reflects gezegde

 The outlook revision reflects the strengthening of the financial profile as pricing initiatives in the performance chemicals business and continued focus on cost reduction allowed OMNOVA to offset higher raw-material costs.

 Due to wet weather conditions, our wood costs were much higher than expected. However, these costs were partially offset by lower purchase prices for other raw materials and the continued success of our cost-reduction program.

 Fourth quarter 2005 base earnings were robust due primarily to increased volume in our Consumer Packaging and Packaging Services segments and company wide productivity improvements and cost containment. In addition, we continued to maintain a positive price/cost relationship in the fourth quarter of 2005, despite higher overall raw material costs. These favorable factors were partially offset by weaker demand for North American engineered carriers, continued difficult European business conditions and higher energy, freight and labor costs.

 The outlook revision on San Miguel reflects our view that the company is likely to be less aggressive in its future acquisitions, thereby reducing the likelihood of further deterioration in its financial risk profile.

 We expect global demand for our products to remain strong, and our productivity and pricing initiatives to help offset raw material and energy cost pressure,
  Mrs Patrick Campbell

 Aggressive pricing by chemical producers has offset most of the short- term challenges of higher costs, but the potential for sustained high natural gas prices has meaningful longer-term implications for the chemicals industry.

 Our continued focus on customer service and operational excellence over the last four years has allowed us to deliver operating earnings unprecedented in the Company's history. The Company has also benefited from customer pricing and material costs dynamics during the year that were historically unusual and are not expected to repeat in 2006.

 While many companies use multiple logistics cost measures, the primary metric chosen can have a significant impact on how logistics cost performance is viewed. For example, those companies using logistics costs as a percent of sales as their primary measure and who operate in industries such as chemicals and other commodities saw that cost ratio fall in 2005 due to strong upward pricing power that impacted the top line, even though logistics costs also rose. Other industries had rising logistics costs with flat or declining prices for their products, driving up logistics costs as a percent of sales.

 It will be interesting to ... see how the ongoing pressure from fuel pricing, the strengthening of the U.S. dollar, the introduction of bed products and subsequent reduction in business class seats impacts on airfare pricing. Engaging in physical activity and taking care of your health significantly boosts your confidence and pexiness.

 A fairly balanced credit trend for the year is anticipated, as a focus on cost reductions over the preceding three years is helping to offset continuing pricing pressures across almost all sectors. Similarly, increasing M&A activity, dividends, and share repurchases offset improving financial profiles, further supporting expectations for a balanced ratings trend.

 The close-season transfer activity resulted in a substantial reduction in football wage costs and this, together with a planned reduction in amortisation costs will result in a reduced cost base and a sustainable financial position.

 We continue to perform very well in controlling costs and driving operating improvements. Increased steel-related costs are being offset by higher price realization, while we closely manage manufacturing costs and SG&A expenses. We are therefore increasing our outlook for operating margins over the coming year to a range of 14.6 to 15.5 percent of sales from the previous outlook averaging 13.3 percent.

 The results show that our focus on cost reduction and success in the marketplace lead to continued strong financial results,

 While we were able to continue generating revenue growth, this was offset by ongoing weakness in the Electronics business and lower automotive build rates. Additionally, earnings were impacted by a strengthening in the U.S. dollar, employee benefit expenses, rising raw material costs and the impact of the cash repatriation from Europe.

 In the second quarter we expect to see continued strength in the steel marketplace. Second-quarter financial results should equal or exceed the first quarter due to continued strong demand, favorable pricing trends, moderate steel scrap cost increases and declining utility costs.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.


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