luukschmitz/validation_500 huggingface dataset:
LOGITECH INTERNATIONAL S.A. (2023-05-02):
And the outlook for the first half of fiscal year '24 remains unchanged.
 Most of the macroeconomic and geopolitical issues that impacted our fiscal year '23 results continue. Central banks are raising rates to
combat inflation, consumer confidence remains lower, and overall demand from enterprises remains tepid.
BROADCOM INC. (2023-06-01):
So there's a deep abiding loyalty to all our key suppliers. Having said that, we also have to be very realistic of the geopolitical
environment we have today, and so we are also very open to looking at in certain specific technologies to broaden our supply base.
 And we have taken steps to constantly look at it.
PYXIS TANKERS INC. (2022-08-08):
, please turn to Slide 6 for further update on the product tanker market. In addition to my prior comments about the
market, a recent economic activity for most of the world has been amplified by impact of the war and other geopolitical
events. The advent of increasing and severe sanctions against Russian exports of petroleum products have been met with
low inventories in many locations, especially Europe.
COSTAIN GROUP PLC (2023-08-23):
Our pipeline of future opportunities remains strong across the
markets. We do remain mindful of the macroeconomic and geopolitical backdrop, recognizing the challenges it's created for inflation
and energy costs and its impact on the re-phasing and re-scoping of some major contracts, in particular, in transportation. With our
broad customer focus, further improvements to our operational performance, strong cash position and clear strategic priorities, we
remain confident of navigating these market headwinds and are well positioned for future growth.
PCTEL, INC. (2019-08-08):
Although our customer base is mainly
in the U.S., China remains attractive for manufacturing our antenna products. We are in the process of
transitioning a substantial portion of our manufacturing activities in China to contract manufacturers in
order to increase flexibility and reduce geopolitical exposure. This transition is expected to be substantially
complete in late 2020 and result in an estimated 35% reduction in the company's entire workforce.
PCTEL, INC. (2019-08-08):
First comment or question is around the small cell antennas and
what your business looks like there and maybe positioning?
David A. Neumann
CEO & Director
Yes. So small cell, I think everyone knows, our largest customers in China definitely have some challenges
with the geopolitical situation. We're still supporting that customer per the terms of the executive order.
FIDELIS INSURANCE HOLDINGS LIMITED (2023-08-23):
We still see a supply-demand imbalance. We still see the secular issues that we've talked
about for the last 3 or 4 years, climate change, deterioration in casualty, cost and social inflation and geopolitical context as drivers of
the hard market. So we don't think anything has changed.
CAMECO CORPORATION (2022-05-05):
I'll provide some details
on that a bit later.
 What we didn't know when we made our decision to proceed with the next phase of our supply discipline was the pace
of change that would occur in our industry because of geopolitical events that are further amplifying security of supply
concerns. It's still early days, but we are seeing what we believe is an unprecedented geopolitical realignment occurring

CAMECO CORPORATION FQ1 2022 EARNINGS CALL  MAY 05, 2022
Copyright Â© 2022 S&P Global Market Intelligence, a division of
CAMECO CORPORATION (2022-05-05):
What we didn't know when we made our decision to proceed with the next phase of our supply discipline was the pace
of change that would occur in our industry because of geopolitical events that are further amplifying security of supply
concerns. It's still early days, but we are seeing what we believe is an unprecedented geopolitical realignment occurring

CAMECO CORPORATION FQ1 2022 EARNINGS CALL  MAY 05, 2022
Copyright Â© 2022 S&P Global Market Intelligence, a division of S&P Global Inc.
CAMECO CORPORATION (2022-05-05):
For some time now, we've said that we believe the uranium market was as
vulnerable to a supply shock as it has ever been due to persistently low prices. Low prices that have led to planned supply
curtailments of existing productive capacity, development risk due to lack of investment in new productive capacity, the
end of reserve life for some mines, the deepening geopolitical and origin risk driven by the increasing concentration of
supply, and the trend towards regionalization to ensure the availability of critical minerals. And unlike in the past, we don't
have the same stock of secondary supplies to fill the gap.
CAMECO CORPORATION (2022-05-05):
The next phase of our supply discipline, which
involves not only McArthur River/Key Lake, but starting in 2024, Cigar Lake is balanced with our contract portfolio and
where we think the market transition is currently at.
 Even though we have seen considerable pricing pressure resulting from the geopolitical uncertainty, we will not change
our production plans. We will not front-run demand with supply.
CAMECO CORPORATION (2022-05-05):
We will continue to balance
this activity with our spot market purchases. As such, we expect to continue to have the financial capacity to execute on
our strategy and self-manage risk, including from the global macroeconomic and geopolitical uncertainty we're seeing
today. Having been in this business for a long time, we have been through every market transition in our industry.
CAMECO CORPORATION (2022-05-05):
Finally, after more than 10 years in a trough and through the deliberate and disciplined execution of our strategy; we're
seeing increased interest in contracting and not just in uranium, but across the fuel cycle. With geopolitics complicating
and potentially bottlenecking nuclear fuel supplies, we're seeing not just utilities, but some of the intermediaries and
service providers beginning to shift their attention to securing material for their uncovered requirements and to de-risk
some of their origin dependencies. The request for proposals, we are seeing are directed at those producers who have
proven and reliable productive capacity in the right jurisdictions and who have a track record of honoring commitments.
CAMECO CORPORATION (2022-05-05):
And with substantial Canadian productive
capacity, our supply meets both energy security and increasingly stringent ESG requirements that are table stakes today.
 And it can provide diversity from state-owned enterprises and help to de-risk utilities future supply from geopolitical risk
and trade policy exposure.
 So what does all this mean for Cameco?
CAMECO CORPORATION (2022-05-05):
Yes. We're talking about unprecedented geopolitical realignment. And what that's code for is just the Western markets
trying to exclude Russia.
CAMECO CORPORATION (2022-05-05):
We're sitting in a market where the demand outlook is strengthening and is durable
and the supply outlook is uncertain. And that supply outlook is leveraged by challenges with the concentration of supply
with this geopolitical realignment with the inability of primary production to respond quickly or the inability of greenfield to

CAMECO CORPORATION FQ1 2022 EARNINGS CALL  MAY 05, 2022
Copyright Â© 2022 S&P Global Market Intelligence, a division of S&P Global Inc.
CAMECO CORPORATION (2022-05-05):
I think we're all a bit surprised that the company didn't add any more to the 40 million pounds that were
announced, I guess, in mid-February. And it sounds like your comments are more related to the fact that utilities are
focusing on the enrichment side first with respect to the recent developments on the geopolitical risk front. But I'm just
wondering, given your strength in bargaining power, is it also an issue where the bid-ask spread has changed in the sense
of you are now in a much stronger position, so you can be commanding much higher pricing than you could have a few
months ago?
FORTIVE CORPORATION (2021-02-04):
And then I'm curious about your semiconductor business within Sensing. There's obviously a lot of [ cross-cuts ] still out
there, geopolitical, global semiconductor shortage. It looks like you're still seeing good growth there.
YAPI VE KREDI BANKASI A.S. (2023-02-02):
Therefore, we are observing a better risk appetite against
emerging markets. Meanwhile, geopolitical conflicts are continuing.
 Current TL interest rates in balance between funding and lending is putting pressure, whereas positive global macro may support some
normalization efforts needed for Turkish economy.
TWILIO INC. (2022-05-04):
That obviously benefits Twilio as a variety
of companies look to invest in their engagement strategies going forward.
 And we're not -- it's not like we don't see the macro environment, whether it's economic or geopolitical, but we just think
this business is extremely well positioned to capitalize on ongoing company's digital transformation efforts. And despite
impacts that we see that are inflationary, whether it be supply chain, which we talked about in the past, or labor inflation
more recently or interest rates, as you mentioned, we've built those impacts into our models.
TWILIO INC. (2022-05-04):
And so
as that continues to happen over a long period of time, we feel like there's a lot of tailwind here for Twilio.
 And I mean, of course, there are economic factors, geopolitics, supply chain, labor, et cetera, but all that stuff is largely
built into our models. And so our 30% plus growth confidence as well as being profitable next year has a lot of those
impacts baked in, and we obviously have a strong balance sheet as well.
KGHM POLSKA MIEDZ S.A. (2022-03-24):
We can also be support for our neighbors and those who need support if we are stable ourselves. However, we cannot
forget the conditions under which we function, geopolitical situation across the world keeps changing. So what is our
recipe for success in such turbulent times?
KGHM POLSKA MIEDZ S.A. (2022-03-24):
I do not see the name of the person asking. Whether the situation -- geopolitical situation related
to Russia's invasion in Ukraine and the system of sanctions influence operations of KGHM Group in 2 aspects? The

KGHM POLSKA MIEDZ S.A. FY 2021 EARNINGS CALL  MAR 24, 2022
Copyright Â© 2022 S&P Global Market Intelligence, a division of
KGHM POLSKA MIEDZ S.A. (2022-03-24):
All Rights reserved.
 spglobal.com/marketintelligence
14
question is about the impact of the current geopolitical situation on operations also outside the mainstream technologies
that is supporting services.
 Marcin Chludzinski
President, CEO & President of the Management Board
I will try to answer this question.
MITSUI & CO., LTD. (2017-11-06):
Based on our first half performance, we are upwardly revising our full year forecasts, raising our profit
forecast by JPY 80 billion to JPY 400 billion and forecast core operating cash flow by JPY 100 billion to JPY
600 billion.
 Although we need to pay close and ongoing attention to geopolitical risks, we believe that the global
economy is likely to continue showing a gradual overall recovery. While monitoring commodity markets,
currency movements and other key elements of our business environment, we will do our utmost to
achieve the forecast numbers.
TRAVELZOO (2022-03-03):
Michael A. Kupinski
NOBLE Capital Markets, Inc., Research Division
And Holger, can you tell me a little bit about Europe versus North America as you go into the first quarter? Because of the
geopolitical issues going on in Europe, are you seeing Europe not rebound as much as North America at this point? Or
can you kind of give us a flavor of the rebound that you're seeing by North America versus Europe?
Holger Bartel
Global Chief Executive Officer
TRAVELZOO (2022-03-03):
Given that prior to the pandemic, you guys acquired Jackâ€™s Flight Club
and throughout the pandemic, you shifted the revenue mix towards vouchers to preserve cash flow. So given the fact
that the core business has been so disrupted by COVID-19 and now the potential for new geopolitical tension that may
impact travel in Europe. I'm just trying to get a sense as to how you're thinking about any additional levers there might be
available to you to continue to be proactive and less reliant on normalizing conditions from -- prior to the pandemic.
PPG INDUSTRIES, INC. (2019-10-17):
So heading into 2020, we do think there could be some inventory upside. It's too early to make a
call in the economy and the other geopolitical issues. But a couple of our key industries, we know, auto,
we feel a little bit better about auto next year, specifically in Asia, the biggest market.
PPG INDUSTRIES, INC. (2019-10-17):
They've moved to more of a
saving economy. I think they're feeling -- they're apprehensive about the geopolitical environment. And
our expectation, our hope is that gets somewhat resolved or some of that breaks free because they've
moved to more of a consumption model and they've saved for, I'd say, well over of 9 months to a year
now.
V.F. CORPORATION (2018-10-19):
Our focus in investment in support of 2021
strategy is driving accelerated growth and value creation across key pillars of our portfolio.
 Over the past few months, geopolitical and macroeconomic events have caused increased volatility in the
marketplace. I'd like to take a moment and address how a few of these events are shaping how we think
about our business and our consumers.
V.F. CORPORATION (2018-10-19):
Regarding the consumer, above-average GDP growth, low unemployment and multiyear highs in consumer
sentiment are driving strong results in the U.S. market. In China, consumer spending in footwear
and apparel remains solid, thus far unfazed by geopolitical rhetoric. And while the performance of our
European business has been slightly more volatile the past few months due in part to unusual weather
patterns across the continent, we have not seen a meaningful change in the trajectory of our business.
MAXAR TECHNOLOGIES INC. (2019-05-09):
The U.S. government is spending more
in the areas we serve, mainly space capabilities and earth intelligence. We expect that trend to continue
given the increasingly complex geopolitical environment and pace of innovation. Our international
government customers now, as around the world, are experiencing a similar phenomenon.
ARITZIA INC. (2023-01-11):
Please note that remarks on this
call may include our expectations, future plans and intentions that may constitute forward-looking information. Such forward-looking
information is based on estimates and assumptions made by management regarding, among other things, general economic and
geopolitical conditions, the competitive environment and further COVID-19 resurgences.
 Actual results may differ materially from the conclusions, forecasts or projections expressed by the forward-looking information.
ENTERGY CORPORATION (2022-11-02):
As we laid out at Analyst Day, our industrial customers
have many inherent advantages that make them low-cost producers on the global stage. This is enhanced by recent supply chain and
geopolitical conditions. Commodity spreads important to our customers remain positive and continue to support the outlooks we laid
out at Analyst Day.
ENTERGY CORPORATION (2022-11-02):
And as we discussed at Analyst Day, this next wave of our industrial growth is being accelerated due
to onshoring trends. These trends are caused by broken supply chain globally, manufacturers needing reduced geopolitical investment
risk as well as global customers who need energy security.
 The results for EWC are summarized on Slide 7.
MURPHY USA INC. (2019-01-31):
With February and March, the next two months of the quarter due, I don't
have a crystal ball on what Q2, Q3, Q4 do. This is why we're kind of out the fuel margin guidance business
because there's just so many factors between the geopolitical, supply-demand of crude, IMO 2020 and
the demand for low sulfur crudes, et cetera. We know it's going to remain volatile.
NORDEA BANK AB (2016-01-27):
We have operated in an environment with very
low -- actually, no interest rates -- low interest rates, very low growth environment. We have had the
geopolitical turmoil, and we've also had a fair degree of market turmoil. So challenging environment.
PERKINELMER, INC. (2022-05-03):
But the
outlook looks strong, and I think we are poised to at least deliver the 6% to 8%, but I thought it was a little too soon this
early in the year to raise the overall organic growth guidance.
 As you know, there's a lot of geopolitical and macroeconomic pressures out there. You mentioned China as an example.
BANCO DE CHILE (2023-02-03):
All these forecasts are subject to risk. In addition to global uncertainties where Chinese dynamism is a key driver for Chile and
geopolitical conflicts in Eastern Europe could produce some noises in international prices, we have to pay attention to the evolution of
some local factors as well, especially those related to political and institutional aspects. Some of them include the evolution of some
reforms that are currently under discussion in Chile, such as the tax and pension bills as well as the ongoing constitutional process.
CORPORACIÃ“N INMOBILIARIA VESTA, S.A.B. DE C.V. (2021-07-22):
The current Secretary of Economy, Tatiana Clouthier, is currently
actually in Washington, talking about this particular situation in order to get to better agreements. And we see this as
a favored sector now not only because of Biden, but also because of the disruption in the pandemic and geopolitical
challenges.
 Zoe Tan
Right.
KALEYRA, INC. (2022-11-07):
Maur's effort, especially towards developing relationships with Tier 1 providers
and with large enterprise customers, has been exceptionally helpful in our mission to expand Kaleyra's Wichan partner growth. Across
our business, we were able to achieve this result despite persistent headwinds faced during the quarter; Global economic uncertainties
driven by overlapping geopolitical and macroeconomic factors, including a slowing global economy, the recent market volatility, and
uncommonly high inflation.
 However, 2 main factors stand out to us.
NANYA TECHNOLOGY CORPORATION (2023-07-10):
All suppliers have adjusted capacity
and CapEx and improvement on supply-demand balance is expected in fourth quarter this year, which is subject to the strength in
DDR4 destocking and DDR5 transition as well as overall demand recovery.
 The lingering impact by geopolitical conflicts, including European war, including trade restrictions between U.S. and China may
continue. From the supply side, the DRAM supplier continue to adjust capacity and product mix, overall supply decrease yearly
is expected in 2023.
NANYA TECHNOLOGY CORPORATION (2023-07-10):
Still the market is quite dynamic. And not to
mention that lingering impact may continue by the geopolitical issues around the world.
 Operator
Next one, ask questions is Simon Woo from Bank of America.
NANYA TECHNOLOGY CORPORATION (2023-07-10):
I
did not specifically mention in that because there are still quite a bit of market uncertainty out there we have to continue to observe,
okay? That's including inventory digestion, including DDR5 transition and also include global economic recovery and also include the
negative impact by geopolitical issues, are they going to be lingering? And how much worse is it lingering?
PRECISE BIOMETRICS AB (2022-08-12):
I also have one question. How do you see the geopolitical tensions that are in Taiwan? And is there a risk that it will
be able to affect your business?
SCOR SE (2022-05-06):
Q1 2022 was marked by a combination of exceptional
events. The sustained level of natural catastrophes for the past 5 years has compounded with the ongoing pandemic first,
and more recently, with geopolitical and macroeconomic tensions on a scale not seen for many years. This translates into
another difficult quarter and impacts the way we run our business and our transformation.
AROUNDTOWN SA (2022-08-25):
Going forward, we remain cautious and assume that it will be challenging to realize rent increases. Given the macro and
geopolitical environment, we expect to face over the next periods.
 As the impact of the sharp increase in inflation has become a main topic in all our daily decisions, Slide 9 provides you the
operational growth potential we have as a defense against operational cost inflation.
AROUNDTOWN SA (2022-08-25):
So there are no changes to our full year guidance, and we
continue to be well on track to achieving them.
 Finally, on Slide 27, we want to highlight 3 key strategic efforts that we aim for as we navigate through the current
macro and geopolitical challenges. Firstly, we continue to extract the embedded value in our portfolio through our highly
experienced operational teams and management.
CARYSIL LIMITED (2023-11-08):
Demand
for luxury and premium goods have been propelled by shifting consumer preferences, accelerating urbanization and emerging new
lifestyle products. Despite the unstable geopolitical circumstances, we continue to witness an improved inflow of new orders and
potential prospects that we expect to tap in the near future.
 Similarly, the cost of raw materials have been stable, and we anticipate this trend should continue.
CARYSIL LIMITED (2023-11-08):
So it's nothing that what you and we can do. But there are -- this geopolitical situation is,
the cloud is on our head at this point of time. So we don't know.
CARYSIL LIMITED (2023-11-08):
There's a lot of uncertainty around
the world. So those are the geopolitical risks.
 Second is, I think, on the other side, the inflation is very high.
CARYSIL LIMITED (2023-11-08):
So not a single market is right now on a decline. It may happen because of geopolitical situation, like Israel and Jordan and
some of the Gulf countries. But across -- I think there's a demand and the demand is only increasing.
S H KELKAR AND COMPANY LIMITED (2023-02-03):
It's sort
of a backward integration venture. Apart from the Chinese geranium, there is products like vetiver oil, which is coming from Haiti,
and that has very uncertain supply due to political as well as geopolitical as well as climatic and earthquake situation. So these kind of
products where globally the supply chain for our industry is affected, we are cultivating in India and building our own strong supply
chain.
I-MAB (2023-03-31):
I want to take this opportunity to discuss our key business
updates and major progress in core asset development for the year ended December 31, 2022. Since the start of 2022, the company
faced multiple challenges, including but not limited to geopolitical issues such as ADR delisting risk, macroeconomic factors,
including interest rate hikes, and 2019 pandemic.
 In response to these challenges, the company made several strategic efforts to reposition the overall business and prioritize its pipeline.
ENBRIDGE INC. (2022-11-04):
And just as a follow-up, maybe continuing on the risk discussion. When you're allocating capital, how do you account for
geographic risk, specifically geopolitical risk? I think the perception is it's going up in certain parts of the world and supply chain as
well.
ACERINOX, S.A. (2022-07-28):
Conclusions are very simple. We've got exceptional second quarter results, exceptional
first part of the year with results, and of course, that we are proud of the results as we manage the complex geopolitical
scenario.
 What can we expect for the second half of the year.
ACERINOX, S.A. (2022-07-28):
And this is what I'd like to explain to you. With all these new tensions, geopolitical
tensions before COVID and before these things, we have started to see this kind of a polarization in the geopolitical
situation. Now remember, Section 232, safeguard measures in Europe and these types of things and governments in the
United States and in Europe started fighting against unfair trade practices.
ACERINOX, S.A. (2022-07-28):
What does it mean? With the disruptions in the supply chain, the geopolitical problems, the cost of transport, the trade
defense measures and all these things, most of the purchasing managers in Europe and the United States will try to
diversify the suppliers and also to bring or to give a higher weight to the local or regional suppliers. That means that will
be -- that will increase local purchases in Europe and in the United States.