At the moment of GTC, like other European producers, is able to relieve at least some of its over-capacity by exporting, partly to Central America. A decade from now, that region will be largely self-sufficient and trade will be starting to flow the other way. However, for GTC investors, the companys recent restructure could herald better times. The groups lack of focus and lack-lustre returns have been much criticized of late.
Question: Restructuring generally produces an increase in profitability.
Options:
A. true, B. false, C. uncertain
Answer: C