Management updated full - year guidance with
a reduced operating profit margin (to a range of 5.6 % -6 % owing to production cuts) and unchanged sales projections.
Not exact matches
Renault pledged to maintain its group
operating margin above 6 percent in 2018 despite worsening currency effects that
reduced its full - year
profit by 300 million euros.
This
reduced concentration increases the company's leverage and gives it more pricing power, manifesting in its growing
operating profit (NOPAT)
margins.
same lawyers, same quality service, lower cost to client, higher
margin to lawyers because of significantly
reduced operating costs, but more importantly, no allocation the upper tier of
profits they generate.
The 2008 recession was quite impactful, as clients began pushing back on the rapidly rising billable hour rates, and to maintain
profit margins, Law firms reacted by
reducing their
operating costs where possible, in part to retain and attract talent.
Even though it's
reducing its revenue forecast for the second quarter of the year, the Taiwanese company explicitly stated that it's still expecting its
operating profit margin for the said period to be between 4 and 4.5 %, exactly as originally predicted.