Excluding the devaluation of the yen we would have achieved revenue growth of approximately 4% compared to the same period last year. Operating margins improved on a sequential basis and we generated net income of $3.3 million. … We believe our …
The immediate impact of the credit crisis on emerging markets was a quick reversal in their balance of trade, due to the sudden dearth of trade finance, then due to the competitive devaluation of developed market currencies, re-shoring of manufacturing …
The playbook of "exporting their way out through competitive devaluation" will be seen for what it is, financial weakness due to incipient structural problems. These countries may not be able to resort to old methods of devaluation and interest-rate …
Toyota, a beneficiary of the currency devaluation that has been one of its central effects, capped a generally strong earnings season for Japanese manufacturers by adding Y20bn to its already record net profit forecast, raising it to Y1.67tn. Big …
Forward-looking statements are necessarily based upon a number of estimates and assumptions that while continued reasonable by the company are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known …
Similarly, EBITDA (earnings before interest, tax, depreciation and amortisation) increased by 3.0 percent to Rs 35 billion in the period under review as compared to Rs 34 billion in the corresponding period of 2012. With the continuous monthly Average …
This gives exposure to both the Pound Sterling and the Euro as operations are spread across Ireland, the UK, Germany and Denmark, making IPL a partial play on European recovery, as well as representing a hedge against US dollar devaluation. 2012 did …
From a reported basis revenues decline by 4% primarily due to local currency devaluation against the U.S. dollar in Pakistan, consequently EBITDA declined 1% organically also impacted by $7 million in one-offs related to re-branding in Pakistan and …
"Adjusted net earnings per diluted share hit a record $6.96, up 12.3% versus the previous year, the second consecutive year of double digit adjusted net earnings per share growth in spite of unprecedented competitive activity, soft category dynamics …