We've taken a disciplined ordsprog
 The government has used its carefully accumulated cash balances prudently, reducing debt and improving financial flexibility. |
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| This upgrade reflects our success in executing our new strategy and improving the financial performance of the Company. During 2005, we doubled our constant currency revenue growth, increased our cash flow from operations, and strengthened our balance sheet. Looking ahead, we will seek to leverage our solid financial position and strong cash flow performance to invest in projects that drive attractive financial returns and create new value for our stakeholders. |
| Although the 10% A Notes were eligible for conversion into common stock up through August of this year, we are delighted to see that a majority of the A Note holders have elected immediate conversion. Not only does this represent a strong endorsement of our business plan by our note holders, but will serve to materially strengthen our balance sheet by reducing our debt load by more than $3.6 million. |
| As a result of increased sales, product mix and expense reductions, second quarter gross margins as a percentage of revenue improved to 39 percent from 35 percent in the second quarter of 2004 and from 32 percent in the first quarter of 2005. We expect gross margin as a percentage of revenue to approximate 40 percent in the second half of 2005. We improved on our second quarter guidance of a loss of $0.08 to $0.09 per share, due mainly to the deferral of previously planned UWB investments until later this year. In addition, we reached our near-term fund raising goal and added further liquidity by obtaining approximately $4.2 million in new equity and debt financing commitments on June 20. With continued focus on managing our balance sheet, including increasing inventory turns and reducing DSOs, we intend to reduce the company's financing requirements for the fourth quarter. |
| This refinancing is an important first step towards maximizing the full potential of our unique distribution platform. We have lowered our cost of debt, eliminated near-term liquidity constraints, extended all repayment maturities until after 2012, and now have debt covenants with flexibility to manage the business strategically. |
| This refinancing is an important first step towards maximizing the full potential of our unique distribution platform. We have lowered our cost of debt, eliminated near term liquidity constraints, extended all repayment maturities until after 2012, and now have debt covenants with flexibility to manage the business strategically. |
| The company is fundamentally sound. The balance sheet is strong. Our financial liquidity has never been stronger. And we again have record operating and financial results. |
| I think the right approach is to continue to do what we can to create the conditions for economic growth in Iraq, and I don't think that is putting more debt on an already heavily debt-burdened country and basically a bankrupt country, |
| The debt Mitsubishi Motors has will not show up on our balance sheet. |
| I didn't think the amount of debt on the balance sheet was ideal. |
Antal ordsprog er 1469560
varav 775337 på nordiska
Ordsprog (1469560 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Denna sidan visar ordspråk som liknar "We've taken a disciplined approach to reducing debt, improving liquidity and increasing financial flexibility. We will continue executing strategies that improve operations, strengthen our balance sheet and reduce debt.".
varav 775337 på nordiska
Ordsprog (1469560 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Denna sidan visar ordspråk som liknar "We've taken a disciplined approach to reducing debt, improving liquidity and increasing financial flexibility. We will continue executing strategies that improve operations, strengthen our balance sheet and reduce debt.".