Admittedly this is being driven by weak domestic demand rather than by exporters becoming more competitive, but at least it reduces the drag on growth. There are also some signs of a pick-up in gross fixed capital formation, led by inventory re-stocking.
The estimated drivers of the decrease in the second quarter 2013 EPS versus the 2012 adjusted EPS were $0.19 from margin, $0.04 due to lower volumes and $0.02 of foreign currency devaluation. …. disputes; genetic and biotechnology issues; changing …
We absorbed the unexpected impact of the Venezuela BolĂvar devaluation and significant overall dollar strengthening, while increasing marketing investments as the year progressed. We continued to make good progress on …. We believe these targets will …
A key challenge for the quarter was higher inventory costs related to the Venezuelan currency devaluation. Additionally, we incurred incremental due diligence costs as we pursued acquisitions that fit both our strategic and financial goals. We intend …
Operating profit included a $17 million charge associated with the highly inflationary accounting for a 32% devaluation of Venezuelan currency, an accrual of $12 million for the offer of settlement relating to the Foreign Corrupt Practices Act ("FCPA …
However, we are disappointed with our weak top line results as we continued to see elevated levels of competitive promotional activity in our Personal Care categories and many of these categories showed value deflation in the quarter. …. For the …
And this could happen while the attention of South Korea is focused on dealing with the devaluation of the yen and the need to become progressively more competitive to maintain its export and business model. There is also the possibility of massive …
The impact of the distributor inventory devaluation discount included in results for the third quarter was approximately U.S. $0.05 per share. ….. obtaining and successfully introducing new sales programs, implementing cost reduction initiatives and …
Sales of passenger car grew 39% to more than 12,000 vehicles during the month. However, the council said that many car producers and distributors are concerned over the coming period, as well as the whole year, as January sales were affected by the …