The big question is though, which one third of the cost base can be eliminated?
But for any given store, falling revenue on a fixed cost base translates to significant pressure.
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Johnston said a major restructuring had cut its "cost base and its net debt significantly".
"Somewhere the next Hyundai is out there, working from a low-cost base, " Liker says.
Freeport will keep investing in brownfield copper and gold assets to lower its cost base.
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In March, MF started assessing its cost base, which includes the firm's compensation structure.
"What is impressive is SocGen's capacity to cut its cost base, " said Yohan Salleron, fund manager at Mandarine Gestion.
The Stirling-based group said it expected the "fiberising" equipment to improve product quality and further reduce its cost base.
Aviva chairman Lord Sharman said Mr Moss had "reduced the cost base and improved operational performance" at the company.
They will then require onsite installers, trainers, etc. and have a dramatically higher cost base to run that system.
Any potential tariffs on polysilicon imports could drive up the cost base and impact the profitability of these companies.
Its cost base is still completely different, and its structure is still wrong.
It has a low cost base and support from British Airways in key areas such as sales and marketing.
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NYSE's secret: its apparently low trading costs reflect the fact that its high cost base is spread over enormous volumes.
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The first big impact of widespread digitisation is likely to be a transformation of the cost base of those banks that embrace it.
"The answer we came up with was to move somewhere where the cost base wasn't foisted on us by the local authority, " he said.
But cosmetic changes to the brand won't solve deeper issues at Citi--namely a cost base that is growing faster than the rate of revenue growth.
Given the high fixed cost base related to operating a steel mill, margins will also decline if a plant is not operated at optimal capacity.
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RDA's difficulties are probably more serious than a flabby cost base.
We improved the cost base, expanded distribution from 80, 000 outlets to over 133, 000 in six months, optimized marketing investments behind priority brands and ramped up innovations.
Pfizer is not alone in having to recalculate its cost base, and rivals Eli Lilly and Merck have also announced plans to trim their workforce and costs.
"There will also be a need for a shift in the approach in future years if the Council is going to have a sustainable cost base, " he added.
The higher cost base can present a risk to Aeropostale if it is unable to maintain the higher revenue per square foot levels that it achieved in recent years.
The country could do the job itself, shortening the supply chain and returning manufacturing jobs to America in industries where petrochemicals are a large part of the cost base.
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Pessimism, because so much of the extra money has simply raised the cost base of the health service and because bringing down waiting times has owed much to command-and-control techniques.
In the wheat market, Nissin Flour Milling, the industry leader, has been buying up smaller firms and is taking an axe to its cost base before import controls are dismantled.
If we look at our business, we have pretty full aircraft, we're running really efficient aircraft in terms of our cost base, and we are seeing increased loyalty and support from our customers.
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Combined with a new, streamlined organization, a substantially improved cost base, a strengthened capital structure, and a more customer-oriented culture, we have all the right measures in place to create shareholder value going forward.
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He added that Tesco should have an advantage over its traditional rivals with its lower fixed-cost base, benefiting from its Internet base as well as its ability to set up shop at Tesco hypermarkets.
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