John Dillon
John Dillon
John Dillonwas an Irish politician from Dublin, who served as a Member of Parliamentfor over 35 years and was the last leader of the Irish Parliamentary Party. By political disposition Dillon was an advocate of Irish nationalism, originally a follower of Charles Stewart Parnell, supporting land reform and Irish Home Rule...
affect although announced asia completing continue economic last major problems program progress southeast
Although the economic problems in Southeast Asia continue to affect some of our major businesses, we've made significant progress in completing our restructuring program that was announced last July.
capacity favorable financial impact management performance rigid
Our capacity management and divestiture efforts, coupled with a rigid financial discipline, are having a favorable impact on our performance and will continue.
attractive cash champion far offer stock
Our cash and stock offer is far more attractive to Champion shareholders,
champion expect forward merge offer point superior
Champion declared our offer to be superior yesterday, ... So at this point we are the superior offer and we expect to go forward and merge the two companies.
commitment company conditions continuing costs economic facing financial further improve market necessary reduce require resources serve within
But the market and economic conditions we are facing require that we further reduce costs within the company, ... We are realigning our resources as necessary to improve our financial results, while continuing our commitment to serve our customers.
accomplish economic factors focusing impact meaningful pleased recovery remains sales timing volumes
The timing of the economic recovery remains uncertain, ... We didn't see any meaningful impact from it on our sales volumes and revenues this quarter. So, I am very pleased with what we have been able to accomplish by focusing on those factors we can control.
continued costs due higher lower materials offset prices purchase raw success weather wet wood
Due to wet weather conditions, our wood costs were much higher than expected. However, these costs were partially offset by lower purchase prices for other raw materials and the continued success of our cost-reduction program.
job next side
My job now is to keep the nucleus of the side for next season.
benefits build camp continue customer internal line manage markets merger orders production programs reflected seeing union
Not only are our markets getting better and our internal cost-cutting programs succeeding, we are also seeing the benefits of our merger with Union Camp reflected in our earnings. Going forward, we will continue to manage production in line with our customer orders and not build inventory.
easy love
So far, this has been great. It's very easy to get around. I love it.
announced asian beginning business clearly economic fully increases key last major markets move optimistic prices problems products recover second several
Prices on several of our key products have started to move up in the U.S. and some of our major Asian markets are beginning to recover from the economic problems of last year, ... Overall, business has clearly improved, and we are optimistic that the price increases we announced will be fully implemented during the second quarter.
began closing conditions continue earlier favorable financial industry longer meet operations results strategic trend
These second-quarter results continue the favorable trend in industry conditions that we began to see earlier this year, ... We will be divesting or closing operations that no longer meet the company's financial or strategic objectives.
business continuing economic environment move pressure stronger
Nevertheless, the world economic environment is continuing to pressure our business even as we move into a seasonally stronger part of the year.
ceos concerned economy months reflects six survey weakness
This survey reflects that CEOs are more concerned about the weakness in the economy than they were six months ago.