luukschmitz/validation_500 huggingface dataset:
NOVAGOLD RESOURCES INC. (2021-01-28):
I'm a believer in Economics 101. And the truth is that if you would superimpose the multiplicity of black swans
that exist economically, geopolitically, militarily onto the incredible disequilibrium between supply and demand, the mining
industry and the jurisdictional risks, you really are looking at an accident that's already happened. It's an implosion of
the industry in certain respects, which is very bullish for gold and bullish for those companies that can profit from these
factors.
NOVAGOLD RESOURCES INC. (2021-01-28):
He used to say, "It's Frank's world, we're just living in it." Well, unfortunately, I think that that's what's happening
now on the geopolitical stage. And we should count our blessings, suffice to say.
APEX FROZEN FOODS LIMITED (2023-06-05):
We have uploaded the investor presentation on the website of the stock exchanges, and we hope you have had a chance
to go through it.
 The financial year 2023 started on a challenging note due to the geopolitical tensions, especially for export-oriented companies that
had just recovered from the after effects of the COVID pandemic. This, in turn, of course, elevated the risk mitigation measures by the
major economies in the world, leading to inflationary pressures as well as recessionary sentiments.
K-BRO LINEN INC. (2023-03-22):
In 2022, our results reflected a few key factors. While our revenue has returned to pre-COVID levels, our EBITDA margins were
impacted by temporary labor inefficiencies and higher inflation related and energy costs stemming from the COVID pandemic
and certain geopolitical events. We're actively managing these factors and working with many of our Canadian, U.K. customers to
implement price increases to offset higher inflation-related costs.
ION GEOPHYSICAL CORPORATION (2019-02-07):
All Rights reserved.
 spglobal.com/marketintelligence
5
and deals continue to be pushed out due to geopolitical challenges and conservative exploration spending,
which I'll discuss further. The previously anticipated improvement in deal flow in our E&P Technology
& Services segment continue to be impacted by limited exploration spending and two key geopolitical
factors; the Panama license round delay and the Mexican presidential election, changing the E&P
landscape.
ION GEOPHYSICAL CORPORATION (2019-02-07):
spglobal.com/marketintelligence
5
and deals continue to be pushed out due to geopolitical challenges and conservative exploration spending,
which I'll discuss further. The previously anticipated improvement in deal flow in our E&P Technology
& Services segment continue to be impacted by limited exploration spending and two key geopolitical
factors; the Panama license round delay and the Mexican presidential election, changing the E&P
landscape. Panama and Mexico data sales were expected to contribute $30 million to $40 million in the
back half of 2018.
MANHATTAN ASSOCIATES, INC. (2018-07-24):
While this is positive, deal sizes may be
a bit smaller as subscription revenue is recognized over time and product components are also easier to
add over time in contrast to the won-and-done enterprise deals.
 We also retained some caution around slow decision-making by some clients, particularly retailers, and
potential global macro and geopolitical events that could impact business investment cycles.
 Shifting to maintenance.
ESPRINET S.P.A. FY NINE MONTHS (2023-11-14):
So first point is all around the forces driving the sector. We have been serving quite a moment in terms of geopolitical and
macroeconomic instability. And this has been reflected in the worsening of the ICT distribution volumes across all European
countries.
ESPRINET S.P.A. FY NINE MONTHS (2023-11-14):
Well, it's been and it is a year of transition. We are accelerating the implementation of our group strategy, which we
have stated more than once, and we have been doing it between geopolitical and macroeconomic instability and a lot of ICT sector
challenges. More specifically, what does it mean accelerating the strategy.
ESPRINET S.P.A. FY NINE MONTHS (2023-11-14):
But with gross profit margins and
EBITDA margins well above 2021, having achieved them with lower revenues.
 What about the future, the macro and geopolitical scenario has changed the ICT market. It looks like yesterday, when we were
thinking of a major growth in terms of the GDP out of the pandemic, but then war, inflation, rise of interest rates, all hit the market
and changed the scenario for all industries, I would say.
ESPRINET S.P.A. FY NINE MONTHS (2023-11-14):
Well, there's at last a forecasted
recovery for our industry 2024, lower in H1, stronger in H2. Of course, everything influenced by geopolitical and economic
instability. There's been a lot of changes in the market and they keep happening, but there are new interesting areas of growth: AI,
cybersecurity, everything as a service, sustainability.
THE DUCKHORN PORTFOLIO, INC. (2022-03-10):
As Alex discussed, our first half
performance demonstrated continued strong performance and sales execution. We are also mindful that COVID-19 and
geopolitical upheaval present meaningful uncertainties as we forecast our business.
 We expect strong brand performance to continue through the second half, although growth rates will moderate as we
cycle the recovery of on-premise in the back half of last year.
THE DUCKHORN PORTFOLIO, INC. (2022-03-10):
So I think that, that would be the offset to some inflationary
pressures.
 And then finally, take it geopolitical or inflation, when -- typically, when consumers get a little nervous, they go to trusted
brands. And I think with 45 years of doing a really good job, we would fit into that category.
HELIX ENERGY SOLUTIONS GROUP, INC. (2023-02-21):
So that's had the effect of cooling the demand for P&A in the near term. I see that
returning probably in '24, '25 time period depending on geopolitical events, but that's the North Sea. There is a huge backlog of work
though that needs to be done.
ZAI LAB LIMITED (2022-05-11):
While COVID-19 did not have a significant impact on our business in the first quarter, it has presented access difficulties,
which we believe are likely to have a modest impact in the second quarter in China.
 Even so, we remain very confident in the underlying strength of our business despite the COVID-19 situation in China and
the current macro and geopolitical hindrance. The fundamental drivers of value at Zai Lab are further strengthened to our
expanding leadership team, global talent and our ever growing pipeline.
CRITEO S.A. (2022-05-04):
As a reminder, our financial guidance
for Q2 and fiscal year 2022 excludes the proposed acquisition of IPONWEB. Like everyone else, we remain cautious
about our outlook for the remainder of the year given the uncertain macro backdrop and ongoing geopolitical issues, high
inflation, continued lockdowns in Asia and global supply chain disruptions.
 For 2022, we have updated our guidance and now anticipate constant currency growth of 8% to 10% in contribution
to ex-TAC.
FLEX LTD. (2020-10-29):
As I think about Q4, I would
anticipate trends roughly in line with typical seasonal declines. While I would certainly like to provide as much visibility as
we can, given the continued uncertainty from the pandemic and the geopolitical concerns, we will refrain from providing
complete Q4 or full year fiscal '21 guidance at this time.
 Now I want to talk about our solar space.
FLEX LTD. (2020-10-29):
I'll say that on trade,
we expect that the overall kind of -- based on whether President Trump continues or we have a new government, we
think the focus on China continues to some extent. We believe that the focus on regionalization will continue to be a
conversation across our customer base just to derisk whether it is due to geopolitical issues or whether it's related to
health pandemic issues.
 We think the green investment is a plus for us.
EQUINOX GOLD CORP. (2022-08-04):
Even
though it came down just under 10% from its highs, it's still outperformed almost every other asset class this year and
the general decline of all asset classes, but there's still a very, very strong case for gold and a very strong case for gold
moving higher in the foreseeable -- in the very near-term future and longer-term future. Obviously, it responds well in the
geopolitical turmoil, which I think we can say we have today between what's going on in Asia, what's going on in Ukraine.
 Certainly, we have persistent inflation.
PARAGON CARE LIMITED (2023-08-30):
We used to talk about this as being an opportunity limited to
just China. There are certainly geographical -- geopolitical challenges, and that's something that's focused entirely on China, but we
think the opportunity is much broader than that. And while we'll initially focus on Asia, the work we've done, I think, shows us that
there's potential opportunities in Europe and the U.S. as well.
ETSY, INC. (2018-08-06):
Revenue guidance also moves up to 33% to 35% year-over-year, and we
expect our adjusted EBITDA margin to remain 21% to 23% as we are focused on growth investments.
 We continue to point to several headwinds that may offset the growth we expect in 2018, such as GDPR,
potential churn from our new pricing model, foreign exchange, and various geopolitical events. For
additional factors that may impact our guidance, please refer to our Q2 presentation on our Investor
website.
POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SP... (2022-08-18):
Now we also have another -- we have further factors that have, let's say, affected
this very positive part, PLN 422 million. I believe that geopolitical and regulatory factors that might play in the issue.
 Now let us take it a step further.
DAVIDE CAMPARI-MILANO S.P.A. (2019-05-07):
For the full year, looking ahead, our outlook remains fairly balanced both in terms of risks as well
as opportunities and unchanged to the previous announcements. The underlying performance, we'll
see continued positive business momentum and sales growth, this despite the uncertain geopolitical
macroeconomic environments. But from quarter-to-quarter, we'll reflect different comparison basis.
DEUTSCHE LUFTHANSA AKTIENGESELLS... FY NINE MONTHS (2016-11-02):
This is of
course not satisfactory; however, the figure is better than we originally expected and proves that the
steering and capacity measures we have initiated over the summer are having a positive effect.
 Nevertheless, the decline in fuel prices, which is about 1/2 of the number I just showed you, and the
particular geopolitical deterioration had a highly adverse impact. In a more stable environment and with

DEUTSCHE LUFTHANSA AKTIENGESELLS...
DEUTSCHE LUFTHANSA AKTIENGESELLS... FY NINE MONTHS (2016-11-02):
And we are
not expecting any improvement here in the next few months, because tourist demand in Asia is a less
spontaneous business. A recovery is only anticipated from next year and subject to the geopolitical
situation being perceived as somewhat less tense. We do, however, expect the new joint venture with Air
China to have a positive impact.
DEUTSCHE LUFTHANSA AKTIENGESELLS... FY NINE MONTHS (2016-11-02):
Obviously, as mentioned before, we don't think so.
 With shoe [ph] prices being a little bit higher than before and the relative economic development in
Continental Europe, and hopefully the geopolitical situation not getting worse, can be a good reason to
believe that we have seen the worst here when it comes to unit revenues decline. And also, once again,

DEUTSCHE LUFTHANSA AKTIENGESELLS...
HORIZON GLOBAL CORPORATION (2022-08-09):
During the quarter, consumers experienced the impact of inflation on pricing across virtually all consumables. They faced
uncertainty associated with the trajectory and duration of that inflation, continue to witness geopolitical conflicts and rising
tensions around the world and continue to endure the impact of supply chain constraints on product availability. When
you add in heightened inventory levels held at our non-OEM customers at the beginning of the quarter, it resulted in a
significant impact to our top line and margin.
AIR FRANCE-KLM SA (2022-05-05):
Let's start by looking at the big picture of the airline industry at the global level. Very
beginning of the year was marked by a resurgence of COVID due to the Omicron variant and a tense geopolitical context
in Ukraine, which didn't help in the short term. However, this negative impact seems to have been limited in time.
AIR FRANCE-KLM SA (2022-05-05):
This is particularly true in Europe with intra-European capacity now at about
89% end of the year 2019 capacity levels and transatlantic capacities also up sharply at about 80%, both key markets for
our group. While we remain cautious regarding the health and geopolitical context, our operating environment continues to
improve.
 Turning now to Page 4.
AIR FRANCE-KLM SA (2022-05-05):
Turning now to Page 4. For Air France-KLM, this positive environment resulted in an encouraging performance in the first
quarter, slowed somewhat by Omicron and the geopolitical context in January and February, but which bounced back very
well in March. This momentum points to a solid summer in 2022.
NEWMONT CORPORATION (2023-02-23):
We then look at what are the mega trends impacting the world, our industry and our company, and those mega trends are coming from
society to investors. They're coming from technology, and they're coming from geopolitical events around the world as we're seeing
playing out. So we understand and assess those mega trends and determine what set of capabilities and what sort of organization we
need to be 10 years from now, 15 years from now, 20 years from now.
PIONEER NATURAL RESOURCES COMPANY (2022-05-05):
Robert Alan Brackett
Sanford C. Bernstein & Co., LLC., Research Division
I have a question around the dividend yield. It's almost a bit of a half empty half full cup argument, which is to say you've
made a pretty compelling case around higher margins than peers, lower OpEx, longer inventory, better geopolitical
position in terms of pure-play Texas, yet your peers have had their share prices bid up or their dividend yield bid down to
significantly lower levels. So it begs the question, what are you guys being valued on?
CERUS CORPORATION (2022-05-05):
Product revenues for the first quarter of 2022 are the highest for
any first quarter in our history as we report year-over-year growth in all major geographic regions to start 2022. With our
20th consecutive quarter of year-over-year revenue growth, we are demonstrating an enduring ability to expand access to
INTERCEPT treated blood components even in the face of geopolitical and economic uncertainty. Our results were once
again led by strong growth for platelets in the U.S., which was up over 130% on a year-over-year basis.
ELASTIC N.V. (2023-11-30):
During the second quarter, we saw continued improvements in cloud consumption patterns as customers increase their consumption
against commitments that they had previously made. With that said, we continue to monitor consumption patterns against the
backdrop of an evolving macro and geopolitical environment. While many customers have already gone through optimization of their
consumption use cases, we do continue to see cost consciousness and spend management as themes in the market.
TOTAL S.A. (2019-07-25):
Brent was at $60 per barrel in June,
down from a high of $74 per barrel in April. And in July, it has been regaining strength with support from
OPEC and geopolitical tensions. Natural gas prices, notably NBP in Europe and spot LNG in Asia, have
fallen sharply in a move that we attribute mainly to mild weather in the face of ample supply.
VICTORY CAPITAL HOLDINGS, INC. (2023-11-03):
This bodes well
for accelerating the already positive net flow momentum at WestEnd that I mentioned earlier. With the trillions of dollars that is
currently invested in cash and cash equivalents, we are exceptionally well positioned in anticipation of investors eventually re-risking
portfolios when there is more visibility around the direction of interest rates, as well as economic and geopolitical conditions, given
the investment performance in our fixed income products and our distribution positioning. Moreover, our suite of equity offerings
continues to perform very well, and our distribution positioning within our different channels is as strong as ever.
TRIFAST PLC (2023-11-21):
We are, though, at the early stages of our turnaround journey,
and there remains a lot for us to do. And at the same time, we're facing an increasingly challenging macroeconomic and geopolitical
environment, through which we must navigate and remain focused on our execution to maintain the positive momentum that you'll
hear that we've started.
 We're working through our strategy and our turnaround plan, which, coupled with the delivery of our margin, operational and working
capital improvement programs, will ensure that we deliver on our midterm targets.
TRIFAST PLC (2023-11-21):
For working capital improvements, we're looking at using the systems for scheduling and EDI messaging and also consignment
inventory conversations with our supply base. We're looking at nearshoring too, and that enables us not just to derisk the supply chain
geopolitically, but also for us to achieve our sustainability goals over time.
 Then as we turn to the customer, you'll see 2 things referenced on this bar: G200, which is our Global 200 customers; and HYMS,
an acronym which means high yield market segmentation.
GEM DIAMONDS LIMITED (2019-09-05):
The global economic backdrop is still difficult and uncertain, even though
that the U.S. economy is growing, perhaps more so on the tech side. The issue of rising geopolitical
tensions and the trade war, really is causing huge uncertainty with the merge ebbing and flowing. And the
last point under the left-hand column is that China has regained its status as the fastest-growing major
economy ahead of India, but it looks as if the 6% is under threat there.
HEINEKEN HOLDING N.V. (2023-07-31):
Looking further ahead, the unprecedented commodity and energy cost inflation in
recent years will be partially reversed next year, easing the pressure on pricing.
 Together with the structural changes we are making with EverGreen, we are confident this will set us up for a balanced growth
delivery in '24, while we remain cautious about the macroeconomic and geopolitical environment. Our strong cost and productivity
efforts will continue and enable further support behind our growth agenda, fund investments behind EverGreen and contribute to
operating profit growth.
VARROC ENGINEERING LIMITED (2023-11-07):
Good evening to everyone, and I thank ICICI Securities for hosting this call. To start with, the geopolitical
situation in Europe and the Middle East has created uncertainty in the global business environment. The interest rates may come under
pressure if inflation goes up further due to a spike in oil prices.
VARROC ENGINEERING LIMITED (2023-11-07):
Passenger vehicle grew by 5.6% year-over-year, and sequentially, by about 12.7%. So we still need
to see what kind of impact all these geopolitical developments will have on the economy and the industry going forward. But we are
hoping that the festival season should help us to some extent in Q3 also.
VIRTRA, INC. (2023-11-14):
This can
primarily be attributed to the longer lead times for the international pipeline. And while our international pipeline has grown, the
current geopolitical tension and U.S. government budgeting issues have affected the expected release dates of those opportunities. We
do expect higher close rates in the next several quarters as that funding and those projects are released.
SEADRILL LIMITED (2022-09-01):
For many years, the distressed and oversupplied
jack-ups segment had a little prospect of seeing market utilization of up the critical 90% threshold. However, current geopolitical
tensions have impacted strongly on contracting opportunities as the Middle East producers to presently control shallow water

SEADRILL LIMITED FQ2 2022 EARNINGS CALL  SEP 01, 2022
Copyright Â© 2022 S&P Global Market Intelligence, a division of S&P Global Inc.
WOODWARD, INC. (2016-04-19):
We are also seeing increased demand
for smart weapons that use our actuation systems. With no anticipated change in the geopolitical
environment, we expect defense to remain solid for the foreseeable future.
 Turning now to Industrial.
MASTEK LIMITED (2022-01-20):
So what is
your thought process behind this? Is it a geopolitical risk is there or what is basically stopping us to go for a larger number
of deals over there?
 Hiral Chandrana
Global Chief Executive Officer
No, so maybe I can clarify that a little bit.
THE CARLYLE GROUP INC. (2022-11-08):
Moving on, let me discuss the broader environment and how that impacts our investment outlook. All of you see the same things
we do: rising interest rates, high levels of inflation, geopolitical uncertainty, each of which lead to increased market volatility and
headwinds for investors and operators. This is unlikely to resolve in the short term, though our teams are not sitting back and waiting
for better days.
THE CARLYLE GROUP INC. (2022-11-08):
As you've heard, Carlyle delivered strong third quarter and year-to-date results in a
particularly challenging quarter, a testament to the strength of our investment platform and the quality of our 3 global business
segments. While economic and geopolitical uncertainties are creating headwinds, our business continues to deliver impactful results.
 Consider the following: Fee-related earnings of $632 million year-to-date are up almost 50% from the same period last year and are
already higher than any full year in the firm's history.
QINETIQ GROUP PLC (2023-11-16):
So as I highlighted at our recent investor seminar, the world is experiencing the most severe threat
environment for a generation with conflict escalating in Eastern Europe and the Middle East as well as growing tensions in the Indo-
Pacific. Within this geopolitical context, we are a differentiated company with a unique value proposition. In response to the threat,
we deeply partner with our customers to rapidly create and experiment with new capabilities, test those capabilities are safe and
perform as intended and ensure our war fighters are trained and operationally ready to use those capabilities.
FOSUN INTERNATIONAL LIMITED (2022-08-31):
spglobal.com/marketintelligence
5
 Well, in the first half of this year, as we know that because of geopolitical and also capital market and also the resurgence in
COVID-19, there are a lot of challenges. And for Fosun International, and based on our 4 engines and our strategy, we have seen very
stable growth in the first half of this year.
FOSUN INTERNATIONAL LIMITED (2022-08-31):
And now I'd like to talk about our strategy and also corporate governance
in H1 2022.
 So in the past 6 months, we see the tension in geopolitics. And also, we see the resurgence in pandemic.
AU SMALL FINANCE BANK LIMITED (2023-01-19):
We are on the course of namely a robust foundation
for building a sustainable and a scalable bank.
 In terms of micro, you all know that global economic activity has been slowing down due to the adverse impact of geopolitical
tensions, tightening global financial conditions, persistently high inflation and sharper than expected monetary tightening by central
banks globally. Consequently, India continues to face intensified pressures due to the global inflationary trends, weakening global
demand and high volatility in portfolio flows.
AU SMALL FINANCE BANK LIMITED (2023-01-19):
I remain confident of our business model and execution capabilities and optimistic that we are well positioned that AU
will deliver for a robust Q4.
 You would agree with me that despite the macro economic headwinds and the geopolitical challenges, India has emerged as a bright
spot in the global arena. Similarly, within the banking landscape, I believe India is listed to act sweet spot.