"Whilst macroeconomic uncertainty remains, with recent order intake and the momentum of our Growth Acceleration Programme, we now expect to deliver flat sales on an organic constant currency basis in 2019, with full-year adjusted operating margins
showing clear progress year-on-year," said Chief Executive Officer Kevin Hostetler.
Austin: Fitch Ratings said stunted operating margins
remain a thorn in the side for U.S.
The reduced spread between EBITDA margins and operating margins
supports that conclusion, the Reagan consultant said.
While NSN's operating margins
have been strong, analysts have said it now needs to concentrate on winning more business as high research and development costs in mobile broadband technology mean bigger players have an advantage.
"Before a substantial improvement from the second quarter onwards, subsea operating margins
will be exceptionally low in the first quarter 2014 at around 5 per cent," the group said in a statement.
The company said its mid-decade target for operating margins
worldwide of between 8 percent and 9 percent was at risk.
Funds with $500m ([pounds sterling]304m, E363m) in assets under management, for example, realise operating margins
of 69 basis points, rising to 82 basis points for a manager overseeing $900m, the study found.
As a result, the Finnish major may not be able to achieve operating margins
of over 10%, which is one of Moody's rating criteria.
Excluding the revenues and results of the acquisitions, TNT said operating margins
were on par with last year's levels.
Coral's chief executive, Sir David Rowe-Ham, said: "This, combined with the effects of a decline in operating margins
resulting from higher raw material prices and increases in the costs of power, resulted in an operating loss."
Several years ago, a team of Isolagen scientists and engineers set out to design an automated cellular expansion (ACE) system that would substantially improve capacity and operating margins