Sentences with phrase «offset volume declines»

Intesa released third - quarter results that showed a stabilized net interest income (NII) and a spread environment that more than offset volume declines.

Not exact matches

The 4 % negative volume effect mainly results from the expected decline in sales quotas in Fluorogases, which was more than offset by the increase in HFC prices.

But those gains were offset by declining volume on other exchanges.

United States Segment Adjusted EBITDA increased 32.9 percent versus the year - ago period to $ 1.5 billion, driven by gains from cost savings initiatives and favorable pricing net of commodity costs that were partially offset by volume declines in ready - to - drink beverages and frozen nutritional meals.

Volume / mix declined 0.8 percentage points primarily due to lower shipments in infant nutrition in the UK and Italy as well as soup in the UK, partially offset by growth in beans in the UK as well as condiments and sauces across Europe.

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.

This decrease was largely driven by volume declines in First - Class and Marketing Mail, higher normal cost of retiree health benefits expenses of $ 140 million and higher transportation expenses of $ 109 million, partially offset by a reduction in compensation and benefits expenses of $ 91 million.

Executive Board member Benoît Coeuré recently noted that «many banks have been able to more than offset declining interest revenues with higher lending volumes, lower interest expenses, lower risk provisioning and capital gains».

Subway's sales decline reflected a 3.1 percent decrease in its estimated average unit volume offsetting an estimated 2.9 percent unit count gain to 27,205 U.S. locations.

Analysts say non-alcoholic beverage volumes rose 7 per cent in supermarkets in the six months ending June, with a 34 per cent surge in bottled water offsetting a 3 per cent decline in carbonated soft drinks.

In Australia, CCA's volumes have been in decline since 2005, with higher consumption of bottled water and still beverages failing to offset the slump in sales of fizzy drinks.

Segment volume slipped 2.6 % below year - ago in December, as a 153.2 % increase in Hino sales failed to offset declines at International and Ford.

Cadillac +30 % The ATS and the XTS have added significantly to Cadillac's volume, more than offsetting declines for the CTS and the Escalades.

On the basis of year - on - year, Nokia faced a decline in the net sales for Smart Devices due to lower volumes partially offset by higher ASPs.

With volume declining, many lenders feel like they are on a treadmill, with new production being offset by payoffs and amortization.