ABF said it expected total revenue and profit in the first half to be close to last year at
a constant currency rate, although down slightly on actual exchange rates.
Not exact matches
Represents percentage change compared to prior year period in average global rental
rate per day on power units using
constant currency.
Revenue in the rest of the world was up 14.7 percent to 1.6 billion euros, but up just 2.8 percent after factoring in
currency swings, while Asia and Latin America both grew more than 20 percent at
constant exchange
rates.
Constant currency percentage changes exclude the effects of foreign
currency exchange
rates.
System - wide sales growth and comparable sales are measured on a
constant currency basis, which means that results exclude the effect of foreign
currency translation and are calculated by translating prior year results at current year monthly average exchange
rates.
The Company calculates the impact of
currency on net sales by holding exchange
rates constant at the previous year's exchange
rate, with the exception of Venezuela following the Company's June 28, 2015
currency devaluation, for which the Company calculates the previous year's results using the current year's exchange
rate.
SG&A expenses net of savings are still expected to grow at mid-single digit
rate in
constant currency and somewhat less in dollars.
It has been over two decades since the popping of Japan's economic bubble and the country is still actively battling with deflationary forces that are so powerful that near - zero interest
rates (zero - interest
rate policy or ZIRP), repeated bouts of quantitative easing (some call it «money printing») and
constant Yen - weakening
currency interventions have barely made a dent.
First - half revenues from the ingredients division are expected to be ahead of last year at
constant currency but lower at actual exchange
rates.
The calculation is intended to show the yield of the Fund's portfolio without the impact of
currency exchange
rates on the fund's investments and assumes that foreign exchange
rates remain
constant.
During the quarter ended June 30th, RevPAR saw a 6.3 per cent
constant currency increase, largely due to an increase in room
rates, with the positive results leading to suggestions of expansion.
Because exchange
rates between U.S. dollars and other
currencies are in
constant market flux, new travelers often begin their overseas journey with a less - than - accurate grasp of their financial starting point.