luukschmitz/validation_500 huggingface dataset:
IMERYS S.A. (2022-04-29):
Let me now, on this last slide, wrap up the presentation. Needless to say, that we live today in a more uncertain economic
and in particular, geopolitical environment. For this reason, I believe pricing discipline and cost control will and must
remain a key area of focus for the group.
IMERYS S.A. (2022-04-29):
It
would make sense to postpone this Capital Market Day for H2 or what's your take on that?
 Alessandro Dazza
Chief Executive Officer
Again, I'll take the second as a first question, not because of the war, but for other reasons, especially the current general
geopolitical and economic situation, we have decided to move our CMD to September. The date has been set and will be
communicated, I guess in the coming days by Benson and our IR team.
HICL INFRASTRUCTURE PLC (2022-05-25):
HICL has delivered a 9% per annum total shareholder return on a NAV basis since IPO. That spans 2 recessions, Brexit,
COVID and now, of course, a heightened geopolitical and macroeconomic conditions. HICL's strong inflation correlation,
low beta and predictable yield ensures that HICL remains a core holding for all seasons.
MASTERCARD INCORPORATED (2019-07-30):
On the macroeconomic environment, consumer sentiment and spending remained relatively strong with
some moderation versus 2018 as expected. We are continuing to monitor ongoing trade negotiations and
other economic and geopolitical factors, which are showing signs of weighing on business sentiment in
particular.

 MASTERCARD INCORPORATED FQ2 2019 EARNINGS CALL  JUL 30, 2019
PRINCESS PRIVATE EQUITY HOLDING LIMITED (2023-02-28):
So it's like a kind of a consolidation on a
look-through basis. And you will see that the last 12 months revenue growth of 23.8% in a very difficult economic environment, with
inflation, with geopolitical turmoils and so on.
 We've got a last 12-month EBITDA growth of 16.1% and a margin of stellar 20.5%.
THE ANDERSONS, INC. (2023-08-02):
And at the midpoint of the year, we are very pleased with our results year-
to-date. We knew that our record second quarter of 2022 results would not repeat given several of the geopolitical and global market
events that occurred last year. That said, our year-to-date results are very strong.
THE ANDERSONS, INC. (2023-08-02):
What
it does mean is that volatility in a macro sense coming back to The Andersons I think it plays right into our hands for merchandising
opportunities. So again, a very long winded answer, Ben, to tell you about what's going on in the market, weather and geopolitics, but
that's the exciting news of what's happening today.
 Benjamin Shelton Bienvenu
Stephens Inc., Research Division
That's great, Pat.
PI INDUSTRIES LIMITED (2017-08-14):
you said that there has been an increase in the inquiry level. As --
is that something to do with geopolitical tension, which is going on with, let's say, China and Japan. And given our strong
forte and relationship with Japanese companies, are we seeing incremental market share getting shifted towards India or
any other country for that matter?
COMMERCIAL METALS COMPANY (2022-10-13):
The last 3 years have exposed the vulnerabilities
of concentrated global supply chains, structured to operate under stable conditions and cooperative political regimes. Pandemic,
geopolitical events have reminded us of the need for a more distributed set of sourcing options, ensuring reliability and flexibility in
securing critical materials and equipment. Eventually, we expect reshoring to extend well beyond the areas we just discussed.
GJENSIDIGE FORSIKRING ASA (2023-01-25):
We will stay ahead of claims inflation. And unless the current geopolitical
situation becomes dramatically worse, we do not expect to see any significant negative spillover to our underwriting result. We will
continue to create value for our stakeholders, including paying out attractive dividends to our shareholders.
GJENSIDIGE FORSIKRING ASA (2023-01-25):
Thomas Svendsen
SEB, Research Division
Okay. But are there any sort of risks sort of outside the model that you are sort of concerned about, I think, about geopolitical issues,
et cetera, and wanted to have sort of an extra buffer compared to a normal state?
Jostein Amdal
Executive VP & CFO
No.
Geir Holmgren
Chief Executive Officer

GJENSIDIGE FORSIKRING ASA FQ4 2022 EARNINGS CALL  JAN 25, 2023
 Copyright Â© 2023 S&P Global Market Intelligence, a division of S&P Global Inc.
GJENSIDIGE FORSIKRING ASA (2023-01-25):
spglobal.com/marketintelligence
17
No. As we see the geopolitical situation at the moment, we are not worried about the impact on our business. If it is dramatically
worse at one time, it can have some consequences.
ALAMO GROUP INC. (2020-10-29):
Forward-looking statements involve known and unknown risks and uncertainties, which may cause
the company's actual results in future periods to differ materially from forecasted results.
 Among those factors which could cause actual results to differ materially are the following: market demand, COVID-19
impact, competition, weather, seasonality, currency-related issues, geopolitical issues and other risk factors listed from
time to time in the company's SEC reports. The company does not undertake any obligation to update the information
contained herein, which speaks only as of this date.
KONINKLIJKE VOPAK N.V. (2017-08-18):
It's clear that we would not exceed the results of 2016 being the highest in the last 5 years period.
 Besides the geopolitical developments, our volatility in energy markets, which have been taken into
account in our outlook; the rapid depreciation of the U.S. dollar from around 1.06 in February this year
when we published our 2016 results to around 1.17, 1.20 recently, is expected to put some downward
pressure on our to-be-reported second half 2017 results, on which I will come back when addressing the
outlook for 2017.
 The average occupancy rate for the first half year 2017 is 91%, 3% point lower than the 94% in 2016.
KONINKLIJKE VOPAK N.V. (2017-08-18):
The reasons for that bandwidth
of volatility is not because of the structural fundamental role we play with our infrastructure in bridging
continents and in on-shoring that supply and demand imbalances, and the resulting physical flows are
properly handled, stored and shipped. The volatility, of course, is due to geopolitical developments,
trading environments, energy situations, and et cetera, et cetera. And the question is, indeed, what will
happen in 2018, we are confident that we are well positioned.
NORDSON CORPORATION (2023-05-23):
Our conversations, our customers are pretty bullish about the long-term prospects for this business. As you know, given geopolitical
considerations, given that CHIPS Act is going to come in, what you find our businesses benefit from CapEx expenditures that are
allocated from these kind of investments our customers are making are typically towards the end of their construction. So right now,
people are constructing plants, they would eventually start putting in equipment.
INTERCEDE GROUP PLC (2023-11-22):
Again, what we're starting to see is insurance companies not offering people cybersecurity insurance unless they've at least achieved
that basic level of cybersecurity, and that promotes MFA. So in the U.S., in Europe, we're starting to see increased drivers for stronger
authentication partly because of the increase in criminal hacking, partly because of the geopolitical climate, but driving more people
towards our technology in more regions.
 Klaas Peter van der Leest
CEO & Director
So government regulation is absolutely good for us as [ highly ] associated standard, which is very much reflected in our client
base.
BADGER INFRASTRUCTURE SOLUTIONS LTD. (2022-08-11):
Market indications suggest that non-destructive excavation equipment will be in high demand and more difficult to source
over the next several years, which makes Badger's market position and vertical integration that much more valuable.
 Unless there are additional geopolitical or macroeconomic disruptions, we see conditions to be favorable for continued
progress in growing the business, improving our operating leverage and returning to historical margins as the recovery
continues and we execute on our commercial strategy.
 I'll now turn the call over to Darren to discuss our financial results.
S.J.S. ENTERPRISES LIMITED (2023-05-16):
On the CSR front, the company supported education and health initiatives for
over 1,200 children across 10-plus government schools. So during this quarter, SJS has grown ahead of the industry despite various
external challenges like regulatory headwinds in the domestic 2-wheeler segment, impact on exports due to the prolonged geopolitical
issues and the macroeconomic headwinds like inflation, rising crude prices impacting demand recover in consumer appliances.
 Just to update you, the government announced implementation of stricter environmental OBD-2 norms with effect from 1st of
April '23.
S.J.S. ENTERPRISES LIMITED (2023-05-16):
All Rights reserved.
 spglobal.com/marketintelligence
7
Share of business from our export declined due to adverse impact of geopolitical issues and macroeconomic challenges in many
regions. Decline in export also impacted sale of new generation products to a certain extent and hence overall contribution of new
generation products to revenue is 9% to 10% for FY '23.
ECHOSTAR CORPORATION (2022-05-05):
Industry partners and customers want to work
with our team. Government and enterprises alike would prefer working with a trusted partner during uncertain geopolitical
developments as we are experiencing today.
 Third, we have a tremendous, and I would say, unmatched asset in our engineering capabilities.
CRESCENT ENERGY COMPANY (2023-03-08):
Todd Falk, Chief Accounting Officer and Ben Conner
and Clay Rynd, both Executive Vice Presidents, are also here today and available during the Q&A.
Today's call may contain projections and other forward-looking statements within the meaning of federal securities laws. These
statements are subject to risks and uncertainties, including commodity price volatility, global geopolitical conflicts, our business
strategies and other factors that may cause actual results to differ from those expressed or implied in these statements and our other
closures. We have no obligation to update any forward-looking statements after today's call.
ORKLA ASA (2022-05-05):
The improvement in EBIT in this quarter for Foods should be seen in light
of the Go Live with a new ERP system in Sweden in Q1 last year, which incurred higher costs and temporarily a lower
productivity.
 Significant price increases have been implemented through -- in all markets, while the latest cost pressure arising from the
geopolitical situation requires further pricing actions this year.
 Let's then move to Confectionery & Snacks.
CHEMTRADE LOGISTICS INCOME FUND (2022-08-11):
North American rig count was 950 in July 2022 compared to 606 on average in 2021 and 522 in 2020. We expect this
trend to continue to improve as geopolitical conflicts drive increased exports of LNG from North America to Europe,
resulting in higher fracking activity.
 As a reminder, caustic soda and chlorine are co-products and that we can upgrade chlorine to hydrochloric acid.
CNH INDUSTRIAL N.V. (2022-07-29):
We finished the first half of 2022 with record second quarter
revenues, up 17.5% year-over-year in spite of a 3% currency headwind. I am proud of the team's resolute performance in
the face of the dynamic and challenging global economic and geopolitical environment.
 Their efforts exemplify our commitment to meeting our agriculture and construction customers' needs as their customers
depend on us to feed in-house an ever-growing population.
CNH INDUSTRIAL N.V. (2022-07-29):
Dillon Gerard Cumming
Morgan Stanley, Research Division
Just wanted to check in on the European side of the portfolio. I think, Scott, you mentioned that kind of the order trends
have been holding up a bit better in the context of all the geopolitical dynamics over there. Just kind of curious if you could
reconcile some of the deterioration we've seen in some of the sentiment
NEW RESIDENTIAL INVESTMENT CORP. (2020-07-22):
And then around that, think about the upcoming election and
recent ruling by the Supreme Court that could end up impacting the FHFA as far as who runs that, being a presidential
appointee. Can you talk about any positives or negatives that either could benefit or hurt you guys as you think about the
changes taking place in the...
Michael Nierenberg
Chairman, President & CEO
So on -- from a macro perspective, on the geopolitical side, I can't help anybody there. We don't have any control on
what's going to happen with CFPB and FHFA and what we need to do is continue to perform for our customers and
continue to do what we need to do there.
CONOCOPHILLIPS (2022-05-05):
We are fortunate that the United States has abundant resources to
ensure our own energy security. These resources also provide vital geopolitical benefits. Secure U.S. energy exports
serve as a market stabilizing factor, enabling our allies to better withstand energy blackmail by hostile and unreliable
resources.
MODINE MANUFACTURING COMPANY (2021-02-05):
We continue to monitor a number of issues that may impact our raw material costs, including tariffs and the rollback of
certain exclusions that we benefited from in the past. We are always working to improve our manufacturing and supply
chain strategies, which have been complicated by geopolitical and economic trends, including tariffs. This will continue
to be a focus as we analyze our risk and implement mitigation strategies.
INTELLECT DESIGN ARENA LIMITED (2023-05-12):
Related to risk, a fourth question. Yes, geopolitical risk we have seen over the last 7 years, starting from Brexit to Trump, then to
Ukraine War to now U.S. and America crash of the banks, those are part and parcel of our business portfolio. It does impact 2 to 3
quarters when the industry start assimilating the impact of such kind of a risk.
PRIO S.A. (2023-11-01):
You were just structuring this new area of the
company. And there was a concern about the sale process because the scale of the company was changing a lot in this new geopolitical
context and the war. There were some changes in the sales flow of the oil.
TORM PLC (2019-08-15):
That would be a significant risk. So if I
take that risk -- then the other risk would be that I think the geopolitical environment, and there is quite
a lot of things going around there, would have a negative effect on consumers, on decision-makers in
general and that you would have an abrupt halt to the -- albeit this slower growth but still growth in the
world economy, but that you would simply see a recession worldwide due to geopolitical factors. And those
would be the 2 things that you could see as scenarios which would be negative and which would change
our outlook.
TORM PLC (2019-08-15):
And if I take the second one, I'm -- basically, I have not much more control than anybody else, obviously.
 The geopolitical environment seems to be changing by each week. So I don't think we should try to get
into that too much.
ADIDAS AG (2019-11-06):
Starting with emerging markets. They increased 14% despite geopolitical tensions in some countries and
the segment's operating margin decreased actually by 250 basis points as the gross margin normalized
and was only partly offset by a lower OpEx ratio.
 Revenues in Latin America increased 5% despite an unfavorable macro backdrop and political turmoil
in several countries.
INVESCO LTD. (2017-01-26):
Presentation
....................................................................................................................................................................
Unknown Executive
This presentation and comments made in the associated conference call today may include forward-
looking statements. Forward-looking statements include information concerning future results
of our operations, expenses, earnings, liquidity, cash flow and capital expenditures, industry or
market conditions, AUM, geopolitical events and their potential impact on the company, acquisitions
and divestitures, debt and our ability to obtain additional financing or make payments, regulatory
developments, demand for and pricing of our products and other aspects of our business or general
economic conditions. In addition, words such as believes, expects, anticipates, intends, plans, estimates,
projects, forecasts and future or conditional verbs such as will, may, could, should and would; as well as
any other statement that necessarily depends on future events are intended to identify forward-looking
statements.
SIGNIFY N.V. (2021-10-29):
But nevertheless, I believe this is something that we need to do
because it has other positive elements. I think it's -- if we are more continentally based, it will be probably more in line with
the geopolitical attentions that we see at this point in time, and it will help us at the level of our working capital probably to
alleviate some of the working capital that we have in some regions. If we source more locally, we are much, much faster in
terms of delivery, which has a lot of added collateral benefits.
EMAMI LIMITED (2018-10-30):
And that should help deliver good growth from
quarter 3, quarter 4 for us from CIS markets. And also in MENA region, particularly Saudi Arabia, we had
suffered a lot because of the demand issues, a lot of those geopolitical problems in those markets, a lot of
Indian expats were -- the Asian expats were getting deported with falling crude prices earlier last year. But
now all these things are getting back to traction.
PPG INDUSTRIES, INC. (2022-10-20):
Looking ahead to the fourth quarter, normal seasonal demand trends are expected, including lower sequential sales in most of
our architectural businesses and also in our Traffic Solutions business, where sales historically fall about 50% due to the weather
considerations.
 In Europe, we expect economic conditions to remain weak due to the softening consumer confidence and lower industrial activity
related to the significantly higher energy costs and geopolitical issues. In China, we anticipate weaker-than-normal economic activity
for the fourth quarter due to continued pandemic-related disruptions and slowing exports to Europe.
GLOBAL SHIP LEASE, INC. (2018-07-30):
And that's, we've contended, likely to
cause an improvement in the charter market and in asset values. And the proof of the pudding is kind of in
the eating because that's exactly what we've seen in 2018 year-to-date, notwithstanding some geopolitical
uncertainty.
 Angus Rosborough
You guys make the argument...
Ian J. Webber
Chief Executive Officer
AMPLIFON S.P.A. (2022-07-28):
And finally, we also expect to continue to grow faster than the market. All in all, in external scenario that remains very
volatile and uncertain, assuming, of course, no further significant deterioration due to the well-known issues related to the
pandemic inflation and the current geopolitical situation, we can today confirm our guidance for the year.
 Let me conclude by saying that, in any case, I firmly believe that Amplifon is today and more than ever best positioned
to turn any possible scenario again into an opportunity to strengthen faster, and harden our global leadership as we did
during the pandemic.
VIASAT, INC. (2023-08-09):
Michael Louie D DiPalma
William Blair & Company L.L.C., Research Division
On the government defense side , there's been a lot of publicity regarding how the Ukraine war and geopolitical tension in Asia has
triggered a robust demand for Starlink as a backup or even a primary source of defense connectivity. Has the Ukraine war also led to a
surge in demand for Inmarsat's Ka-band services?
Mark D. Dankberg
Co-Founder, Chairman & CEO
I think unlike others, I don't think we're going to go into great depth about what we're doing in specific defense communications.
FLUGHAFEN ZÃœRICH AG (2022-08-23):
But as
I have said in the guidance, we remain cautious on the outlook as being on the cautious and conservative side has been
proven as a good tactic for the last 2.5 years. So far into 2022, the recovery was better than expected, but there's still
some uncertainties around the development of COVID geopolitically that keeps us a little bit more on the conservative
side for the winter months.
 Stefan Weber
Head of Financial Services
Then his second question is on India.
FLUGHAFEN ZÃœRICH AG (2022-08-23):
So we are speaking of still sizable deviations to 2019 levels on the overall
passenger figures. So I believe the recovery will be stronger then recession or other geopolitical risks that are still in the
system just because the pandemic was such a big rupture. But of course, a recession could slow down the recovery, but
still in absolute figures, the recovery will continue next year.
PILBARA MINERALS LIMITED (2022-04-28):
spglobal.com/marketintelligence
17
a more sophisticated supply chain and do it with -- in relationships with people that are key to the future of the industry.
 And we would definitely put POSCO in that category because of the combination of the skill inside their organization, the
scale and ultimately being a key entree to the Korean market, Korea being the next big mover beyond China in lithium
ion battery-making capacity and a strategic entree to especially North America because of the geopolitical interaction and
important relationship between the U.S. and South Korea.
 Where do we do that elsewhere?
CHEVRON CORPORATION (2017-07-28):
Neil Singhvi Mehta
Goldman Sachs Group Inc., Research Division
I appreciate the comments, Jay. The follow-up is just on some of the areas of disruptive production or
areas that -- where there's been a lot of focus on geopolitical issues. I just wanted your comments on 3
areas in particular, recognizing there could be some limitations in terms of comments here.
MÃœNCHENER RÃœCKVERSICHERUNGS-GESELLSCHAFT AKT... (2023-02-23):
We could afford to do so without
affecting our financial targets while, of course, increasing earnings resilience going forward.
 Nobody, I think, could have known what geopolitical and macroeconomic turbulence 2022 would bring; the Russian war related
economic distortions, spiking inflation, the trend upwards in interest rates, heavily fluctuating capital markets. Consequence of all
this, our investment result came under pressure.
CVD EQUIPMENT CORPORATION (2022-05-16):
Our SDC, Tantaline and MesoScribe product lines continue to show demand in orders in Q1 and the first 4 months of
2022, albeit not to the extent of the CVD Equipment Group.
 The COVID pandemic and the geopolitical instability in Russia, Ukraine and Eastern Europe have caused issues in the
global supply chain. The negative impacts have been felt by all our companies with increases in commodity and product
materials cost as well as in delivery -- product delivery uncertainties and unpredictability.
GHCL LIMITED (2022-05-02):
But all these capacity, any likely color of this capacity will be beyond 2 years down the
line. Secondly, must understand that on the other side, there's a huge demand of the solar glass across the globe and
particularly now because of this geopolitical system, geopolitical conflict, a lot of focus has also started asking about the
green energy and solar is one of them.
 Second, you know that lithium battery also there's very huge requirement likely to happen in that area also.
INPHI CORPORATION (2019-04-30):
Paul Jonas Silverstein
Cowen and Company, LLC, Research Division
I've been called worse. Guys, I apologize returning to the issue, but just I think it was clear from
your comments, but to sort of make sure there's no room for doubt, you all clearly are not seeing any
extraordinary inventory build by Huawei relative to the geopolitical situation.
 Ford G. Tamer
President, CEO & Director
Paul, what we've said is we have seen inventory starting to build.