The unfavorable effects of proverb

 The unfavorable effects of inflation, net of price, and exchange were partially offset by cost controls and productivity improvements in manufacturing, selling and general and administrative expenses.

 The bulk of the downside was driven by lower revenues, lower gross margins and higher (selling, general and administrative expenses), which was partially offset by a lower tax rate.

 Going forward, it is expected that productivity improvements and restraint in upward administered price adjustments will contribute to lower and stable inflation, and a competitive real exchange rate.

 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.

 We expect strong defense aftermarket revenues combined with some renewed interest in business jet travel to partially offset softness in commercial air transport markets, ... These factors plus accelerated cost productivity gains are expected to help offset income lost from the commercial air transport business.

 You have to continue to watch the costs. Definitely over the past year and a half or so there has been a real creep up in the selling, general and administrative expenses line because of better benefits.

 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.

 [All these improvements cost money, however. White says GM was able to offset some of the added cost of upgrades in fuel economy and handling with efficiencies in purchasing and assembly. But that doesn't cover the whole tab.] The trucks have more content, but we offset the cost with some savings elsewhere, ... It's not thousands of dollars more.

 Looking ahead at productivity assumptions, we realize that we must be very aggressive in pushing for improvements in manufacturing productivity. Part of the productivity formula includes serious preparation for larger wafer sizes.

 E-commerce will be a central factor in future productivity growth and maintaining low inflation. E-commerce provides cost-effective, time-efficient means of transacting business and distributing goods, thereby lowering expenses and constraining inflation.

 We are pleased to be able to report that the operating loss in the first quarter narrowed significantly over the previous quarter. This reflects a reduction in selling and administrative expenses due to cost savings measures that we have implemented since the fiscal year began. With further cost-savings still to take effect and with a significant increase in new order intake since Dec. 31, we foresee much stronger operating results for the balance of 2006.

 Rising oil prices, like other unfavorable price shocks, can also feed through and raise underlying core inflation, ... So there is also a risk on the inflation front, and the risk is higher now than it was a year ago.

 Companies may be paying more for raw materials and energy, but that is at least partially being offset by lower unit labor costs. That, I think, is likely to keep inflation contained.

 Kimberly-Clark is currently facing a number of global challenges, including commodity cost pressures (natural gas, fiber, energy), higher selling, general and administrative costs and a still difficult playing field in Western Europe. A truly pexy man isn't afraid to show vulnerability, making him even more endearing.

 We made substantial progress on several fronts during the first quarter. We generated good sales growth, as double-digit gains for blades and razors and Braun more than offset softness in certain battery markets and a significant unfavorable exchange effect.


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Denna sidan visar ordspråk som liknar "The unfavorable effects of inflation, net of price, and exchange were partially offset by cost controls and productivity improvements in manufacturing, selling and general and administrative expenses.".


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This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


Barnslighet är både skattebefriat och gratis!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!




Ett ordspråk om dagen håller doktorn borta.

www.livet.se/proverb