Datasets:

ruchit2801

/

poq_large

like 0

In summary, this will include a reduction of our European manufacturing footprint and capacity, with the planned closure of one facility and the downsizing of capacity throughout our European manufacturing network; and the streamlining of operations, both in the U.S. and Europe, with a focus on both near-term savings and a long-term cost-effective infrastructure.

When in the past, we were making the plants or undertaking this big investment.

Or does it have its own separate ROI and its separate -- its own separate business plan considering the high server costs involved.

We believe that a more represented level of CapEx and leasing cost spend require to sustain our industrial portfolio would be within this range, in the order of $0.20 to $0.25 a foot.

So that's the proper starting point, I believe, to compare with your assumptions for 2015 and we mentioned the specific company items such as the dry docks, the currency and the lower oil prices as to how it impacts production in these business.

But yes, once we expand our operations at the new plant, we expect imports to decline significantly over the next 2 years.

We continue to see a strong bidding environment with prospects for both near-term vessel utilization, as well as clients seeking to secure capacity for projects beyond 2025.

And today, we're going to talk about the results that have come from that plan, the way that we prioritize the safety of our customers and our team members, how we invested in distressed media.

But we're all going to have a lot more information that emerges over the next few quarters, we believe, as to really where the market, the macro and housing are going, and that will influence our decisioning.

Each of these novel product candidates addresses significant unmet medical needs in neuro-otology, for which there is no FDA-approved drug treatment.

We are committed to retaining investment grade credit rating.

So we'll still track these overall metrics, but I anticipate giving some separate color in the future on reproductive health COGS.

We expect to close these transactions by the end of the third quarter.

We anticipate that working capital should be significantly reduced by year-end when compared to the prior year.

And could you give us a reference of what's the level of activity that we could have -- that we could show on construction and service next year.

So just to conclude, our outlook for 2012 is that we expect sales to be in line with 2011, and we expect group core operating income margin to be slightly below 2011 in constant-currency basis while absorbing price cuts, the generic erosion that we talked about and midyear shipments for OTC out of the Lincoln site.

As I've said, we have submitted our application, and we wouldn't have done that if we didn't have confidence not both in the regulatory pathway but our ability to manufacture the product.

We've seen now those spend from those customers in January come back up to levels that we would expect so I think that, that's kind of a onetime event, if you will, at the end of the year.

First of all, regarding what do we intend to do with the sales proceeds.

But we -- given the visibility that we have a little bit more on the expense side and how we’ve performed to-date for the first half of the year, we feel like we're able to take that earnings guidance up at this time, until extremely confident in our ability to deliver that guidance.

We expect enterprise revenue to grow in the 3% to 5% range and improve contribution margin year-over-year.

Although there will be earnings impact in these segments, we still expect to be in an NOL position for the foreseeable future, so our cash flow expectation should not be materially affected.

So we wouldn't anticipate future impairments.

Excluding the impact of these items, we would be projecting revenue growth of 0.5% to 2.5%.

So our ore production at 389,000 tonnes was in line with our own planning.

We are keeping a close eye on accounts receivable and do not expect any material changes as a result of the impacts of COVID-19 pandemic.

Statements containing words such as began, believe, continue, estimate, expect, indicates, may, project, will and other similar words are intended to identify such forward-looking statements.

We look forward to further accelerating our momentum across our short- and midterm growth drivers to sustain double-digit organic growth, expand margins and create stakeholder value through our enhanced portfolio and synergies from our recent acquisitions.

You mentioned there were 66 fueling projects on the board.

So when I made the commentary on next year, what I saw was that -- I think, The Street's kind of reading close to what we are.

Please note that any statements about future expectations, plans and prospects for Cornerstone Therapeutics including, without limitation, statements regarding the Company's business strategy, future operations, financial position, future revenues and costs, possible therapeutic benefits, market acceptance and future sales of products, prospects, plans and objectives of management and all other statements that are not purely historical in nature to be discussed in this conference call constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

It is quite a big project with 819 apartments with our attributable GDV of about $2.5 billion.

We're servicing the market better than we were earlier in the year, as we've added capacity, but the distributor channel still remains quite low.

So with improved tax collections, we believe that the ordering momentum will continue, largely led by the government.

Therefore, assuming a comparable environment, we are confident in our ability to deliver net profit growth in 2019.

We are confident that we have plenty of opportunity to improve the business.

I understand that you just expand the one-off project impact on the public sector.

There we reiterated our strategic goals and showcased our world-class assets and the depth of our inventory.

Two additional contracted newbuild electric fleets are expected to be deployed in the middle of 2019, resulting in 13 fleets deployed in such time.

The higher portion of software-related consulting services and business process outsourcing backlog as well as the larger average project size continues to improve revenue predictability and other internal efficiencies.

The second question relates to where you see leverage the 4.4x, as of for the year 2018, do you expect that to decline?

Should we expect a greater than normal cash consumption against the production cut in Q1?

We now expect a slight increase in deliveries in the Motorcycles segment in 2018.

During our fourth quarter 2008 earnings call, I discussed our analysis on the current charged-off purchase environment and our expectations for opportunistic purchases in 2009 and into 2010.

I think you had expected before to experience a similar net sales impact from Harvey and Irma in 2018 as in 2017.

We put in the K that we're probably going to spend $15 million, and that's why -- there's plus or minuses there, but that's why we feel confident about the $25 million to $30 million in free cash flow next year that we can use to pay down debt by same.

While volumes in Q2 came in below our expectations and while trade and geopolitical issues are creating significant volatility, unemployment levels are still at record lows and consumer spending remains resilient.

We are very encouraged by the start of fiscal year 2013 and excited about how it positions us for the rest of the year in terms of the continued execution of our business plan and strategy.

We have very strong backlog going into Q3, so we have a very good idea of what our shipments should be into our various market segments including our expected sales to Cisco.

It was in the order of 7% back in February of 2013, as they've made considerable progress with the addition of the Cook lifecycle management projects and as well other office off-system sales revenues that occurred during the cold weather.

The company undertakes no obligations to publicly release the results of any revisions to forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Because what that means is, when the global economy experiences problems, when there's a significant decrease or diminution in the price of our commodities, or even when the South African currency becomes disproportionately strong, and the future of the mine industry has been challenged, you've got to make sure that you are amongst the lowest cost producers, so that the others who are on the other side of the 50th percentile are the first to feel the pain.

We still expect a net benefit to our net interest margin rate in the third quarter from the higher short-term rates that came with the Fed increase in June.

But if [ CV ] for the future, there is a technology of the zero-emission vehicle, that is still great technology, therefore, we continue developing that technology.

This overcapacity has put a significant pressure on freight rates, which we estimate that, at the industry level, were down 16% from the 2014 period.

You seem confident that you're going to pick up similar losses after last quarter.

So you absolutely trade-off, let's call it, not surety but confidence in volume for a differential margin.

And again, these are all items that remain on our to-do list, remain active that we're supporting and this will again continue to create a company that has very attractive growth rates and good returns, and we're pleased with where we are in that path.

Our operating loss expectations assume an incremental increase in business travel and normal seasonality of expenses, in particular, elevated variable compensation for our sales professionals.

Some of it was already on when I came in and some that have accelerated since i have come in, and brought in more sharper focus and more investments into our sales and solutions engines.

But again, if in-basin demand projects, particularly, offer better price realizations and keep the gas in-basin, then we'll look strongly at that.

We do not expect to repeat that kind of production level as you're aware, typically is pretty quiet.

So as we move forward in our construction, in the operation projects, we will bring value that brings to the shareholders a higher degree of value than if we were taken out today.

Driver recruitment remains a significant challenge as high-quality frequent home time jobs are in high demand, and the costuming drivers into the workforce is accelerating is competition for the best of the best titans.

And then also, Gary, a few minutes ago, you talked about Speedway and how that business is well ahead of expectations as it relates to synergies you thought you would have when the acquisition was consummated.

This 15% you're targeting in new product sales, Darren, from the direct sales team, should we view this as something that could be additional to what we may have been expecting from the product side?

Every month that passes, we develop more knowledge about how the business looks, and we get a little bit better at predicting it.

We have a highly attractive mechanized project portfolio.

That's part of the rub we now have, which is when you started with 13 operating systems, and you have every flavor of SKU, the exact issue is that the world can accelerate in the coming decades with regards to payments and commerce technology.

And while the commission has a long way to go, there is no doubt in my mind that its impacts will be a significant factor in defining the future operating environment.

When it comes to NOAKA total spend, I don't think we will go into details on sort of CapEx for project as of now.

This translated into EBITDAX margin of $2.03 per Mcfe for the quarter, which we expect to be the highest among our peers during the quarters, once again, as we continue to benefit from our hedge book and FT portfolio.

In 2020, in terms of competition, we believe there will be concentration of the main players with the market performing well in 2019, and these 3 players having limited capacity, we see other smaller manufacturers increasing their share, and we see this in Q3.

But please look forward at our Q1 call or the results from Q1 for us to provide details similar to those that we've been providing in the past.

And finally, total GAAP -- total non-GAAP operating expense guidance remains unchanged at 42.4% of total revenue.

And then in terms of your core expense guidance, if you exclude the amortization on the tax credits, it looks like your guidance suggested a step up of $5 million to $10 million in the upcoming quarter.

And I think that will set us up really well, particularly for good performance in the next year.

In this process, we have done -- developed a number of new products, which is going to give MIDHANI a good leverage in the future also.

And then finishing off is -- looking at our outlook, our financial guidance for 2020.

So in a scenario in which there is higher CapEx down the road, does the company intend to consider an either non-proactive rotation strategy, I'm saying this because the Company in the past has been very successful investing in activities in other asset out of the core business, but maybe in a period of which there is going to be a higher necessity for domestic CapEx, that asset rotation could be accelerated.

We are grateful for the confidence that the bank has shown in us, and we look forward to partnering with them at least out to the year 2028.

But as Gary said, we are continuing to look at those projects and say, "Is there something better?"

Innovate's total R&D amounted to EUR 21.2 million, which is 17% above last year, underlining our continued investment and commitment into innovation projects and long-term sustainability.

We do think there will be high interest projects potentially for a year of [ 2020 and '22, '23 ] as we did before the new production comes in.

The next deadline, as you probably know, is for the customers to submit their plans for development and operation, the so-called PDO to the authorities by the end of this year.

Finally, we continue to expect capital expenditures of approximately $800 million this year.

Okay, can you share a stabilized yield projection?

Going forward, we expect some improved revenue growth for the remainder of this fiscal year, and we expect diabetes to ultimately return to double-digit growth once the 670G is fully on the market next fiscal year.

And so we do believe these will continue to be opportunities where we can grow the portfolio in a very, very good way.

On the distribution front, that continued to operate throughout the pandemic, and our focus there remains on service levels, regulatory compliance and cost containment.

Also, we have no new supply coming in next year, and we have the largest freshman class at Techs, 7,148, up 4.7% from the prior year.

There was one project transferred to the joint venture with PGGM.

SG&A expenses on a dollar basis are expected to decrease slightly compared to prior year third quarter, including incremental marketing expense, offset by cost reductions in other areas.

What's the target gross margin?

We realized higher-than-expected gross margin of 32.2% as year-over-year increases in ceilings, steel framing and complementary products, partially offset pressures on wallboard margins, principally due to the timing of our pass through of supplier pricing actions.

So any opportunity, any leverage that finds its way into the economy, be it credit-led, be it improvements in employment or even net-net confidence, will find its way in to our categories, and that, I think, will give us opportunity for them to grow.

But what I'm wondering is, based on everything that was laid out there and not expecting a lot of growth, is it possible that reaching that positive EBITDA might be at risk in the fiscal Q4 here, depending on how the next month goes?

So this is the reason because we are expecting this kind of effective tax rate for the rest of the year.

QVC, ShopRunner and Amazon are driving new customer growth and exceeding our expectations.

Looking to the first quarter of 2018, we anticipate a moderation of sales from current levels.