It will be the first increase in three years and reflects rising profitability and cash reserves being achieved through cost cutting and business growth in emerging markets.
The company said sales in its pharmaceuticals business offset healthcare cost-cutting efforts by some European governments.
The smart CEOs realize that cost-cutting does not constitute a sustainable business model and will forego temporary incremental moves in lieu of long-term, disruptive moves.
For months officials have been promising new measures to boost growth by cutting the custo Brasil, as the fearsome cost of doing business in the country is known.
For a business focussed on enhancing revenue rather than cost-cutting like BAMCO sourcing a more humane sausage, even when it is more expensive, is both doing good and is good business.
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But cutting the cost of an iPhone to the point where entering that business will be profitable could be a challenge.
Cost-cutting has helped the company deliver profits in its core business, despite weaker revenue.
Most executives, managers and investors have come to believe that cost cutting, and striving for more efficiency, is the solution for most business problems.
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The package-delivery company says it will increase its cost-cutting program as a result and, starting next month, reduce its express business in Asia.
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Those cost cutting measures have them looking for two things: outside consulting expertise and outsourced technology and business processing.
Since Navarri took over as head of Bombardier's rail business in 2004, he's executed a turnaround that also has focused on cost-cutting, more disciplined bidding for contracts and better manufacturing practices.
In the same period of that year, the cost of cutting jobs and shifting its spending patterns - and the decision to merge its handset business with that of electronics giant Sony - meant it lost 2.1bn kronor before tax.
Besides the implementation of huge cost-cutting measures, the changes include plans to sell off non-core and strategically redundant business units.
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