Sentences with phrase «offset by currency»

Therefore, investing in a fund with exposure to foreign energy stocks is a bit like a tug - of - war: some of your gains may be offset by currency depreciation.

VUN has an MER of 0.15 %, but wouldn't this be more than offset by the currency exchange savings over the years?

Not exact matches

Revenues for Converse were $ 483 million, down 8 percent on a currency - neutral basis, as international and digital growth were more than offset by declines in North America.

Pricing increased 2.1 percentage points, primarily driven by pricing to offset higher input costs in local currency in Latin America.

MG&A expense increased 11.5 percent in local currency, driven by higher brand amortization expense related to the reclassification of certain Canada brands to definite - lived intangible assets, partially offset by lower incentive compensation.

Negative currency impacts of $ 9.5 million in Corporate and $ 0.2 million in International were partially offset by positive currency impacts of $ 0.5 million in Canada and $ 1.9 million in Europe.

The improvement for the nine months ended July 31, 2011 was driven primarily by lower litigation costs and lower currency transaction losses, the effect of which was partially offset by certain asset impairment charges.

Excluding the favorable impact of currency translation, operating earnings were comparable to the prior year with lower advertising and consumer promotion expenses offset by a lower gross margin percentage.

Sales of $ 2.180 billion were comparable to the prior year as a 1 - point benefit from the acquisition of Pacific Foods and a 1 - point favorable impact of currency translation were offset by a 2 - percent decline in organic sales driven primarily by lower volumes.

COGS per hectoliter decreased 5.9 percent in local currency due to cost savings and lower pension and distribution costs, partially offset by the impact of volume deleverage, inflation, mix shift to higher - cost brands, and foreign currency movements.

Excluding the impact of currency, Adjusted EBITDA increased primarily due to gains from cost savings initiatives (2), lower overhead costs and favorable pricing, which was partially offset by higher input costs and lower volume / mix.

Excluding the impact of currency, the increase in Adjusted EBITDA reflected incremental gains from cost savings initiatives (2) that were partly offset by a combination of factors that included higher input costs, lower net sales as well as business investments in Rest of World markets.

Pricing increased 5.7 percentage points, primarily driven by actions to offset higher input costs in local currency.

Excluding the impact of currency, Segment Adjusted EBITDA increased 3.6 percentage points, primarily reflecting favorable pricing and lower overhead costs that were partially offset by higher input costs in local currency.

COMEX synthetic gold and related over-the-counter derivatives are traded in macro strategies implemented by hedge funds, HFT's, and commodity funds in pair trades with interest rate, currencies, equity futures, or even more exotic offsets.

The company reported 5 % constant currency revenue growth, which was admittedly a little bit weaker than we had expected, but was more than offset by a 13 % constant currency decline in overhead expense.

This seems to be a strong hint that the markets should expect any further strength in the US currency against those of China's main trading partners to be at least partly offset by a decline in the renminbi against the dollar.»

However, the effect this has on the net income deficit is being roughly offset by the corresponding valuation impact on foreign assets, since these are of similar magnitude to the foreign - currency - denominated component of external debt.

Although the company is likely to have gained market share, any upside surprise may be offset on a reported basis by an expected currency headwind, Benchmark's Dan Kurnos said in a report.

However, in the case of Treasury Wine Estates, which generates 9 per cent of earnings in the UK and Europe, the currency translation impact may be offset by higher volumes and margins if consumers trade down to cheaper drops such as Treasury's Blossom Hill label, which sells for as little as # 5 a bottle.

Fiscal 2017 full year revenues declined $ 10 million, or 1 %, compared to the prior year, as strong sales of both frontlist and backlist titles, such as Hillbilly Elegy by J.D. Vance, The Magnolia Story by Chip and Joanna Gaines and Jesus Calling and Jesus Always by Sarah Young, as well as the continued expansion of HarperCollins» global footprint, were offset by the absence of sales of Harper Lee's Go Set a Watchman, the negative impact from foreign currency fluctuations and the $ 19 million impact from the absence of the additional week in the prior year.

But you have to wonder if that will be offset by higher inflation, currency debasement and / or other unintended consequences?

Look closer though & there's a couple of mitigants: i) The government's rather silly prudence has probably been a negative, when most investors would prefer a focus on growth at all costs, and ii) the advantage of the pound's significant decline vs. the US dollar (& other global currencies) is offset by an equally significant appreciation vs. the euro.

Earnings in the period of $ 13.3 m attributable to equity shareholders were offset by losses of $ 4.7 m on the retranslation of the net assets of foreign currency denominated operations, actuarial losses of $ 3.5 m (net of deferred tax) on employee defined benefit pension schemes, revaluation losses of $ 2.2 m (net of deferred tax) following the revaluation of property and the payment of the final 2012 dividend of $ 5.0 m to equity shareholders of the Company.

[There will be a meaningful currency hit next year from a stronger dollar (UDG will report in dollars from now on), but I expect this to be broadly offset by underlying revenue growth & recent acquisitions].

Thus, in the above example, we may say that the USD trading account holds «securities» of USD 100, which are offset by CAD 120 in negative «currency».

Advantages to both parties created by the Ven as the means of exchange for the transaction include greater international pricing stability and an implied carbon offset resulting from the basket of carbon futures, commodities and leading currency components which determine ongoing Ven values.

You agree and understand that we have the right to offset: (i) negative balances in your Fiat Account by selling the necessary amount of Digital Assets in your Digital Asset Account on the open market at a price within 5 % of the Prevailing Market Price to offset such negative balances; (ii) negative balances in your Digital Asset Account by buying the necessary amount of Digital Assets at the Prevailing Market Price to offset such negative balances with the fiat currency in your Fiat Account; and (iii) any and all debts owed to Gemini through the offset of balances of your account or any Related Account.

· Enterprise Services revenue increased 1 % (up 2 % in constant currency) with growth in Premier Support Services and consulting offset by declines in custom support agreements

While German currency may be losing purchasing power vis - a-vis the dollar, the negative effects of this are partially offset by the provisions of the U.S. - German Tax Treaty.