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    Mariia Deremenda 457group: Vocabulary Stormgard Shines When Others Stumble

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    Марiя Деременда
    Stormgard, a European manufacturer of insulation and roofing products, reported record preliminary results for last year with sales and market share growth in all regions. Turnover increased almost 14% as demand rose for insulation during the recession. Pre-tax profits were €62.4 million, up 8% from the previous year. The directors recommended a final dividend of 9.25c per share. Forecasts are optimistic and Stormgard plans to increase investment in plant and equipment. The chairman said the company faces the future with confidence.

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    Mariia Deremenda 457group: Vocabulary Stormgard Shines When Others Stumble

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    Марiя Деременда
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    Stormgard, a European manufacturer of insulation and roofing products, reported record preliminary results for last year with sales and market share growth in all regions. Turnover increased almost 14% as demand rose for insulation during the recession. Pre-tax profits were €62.4 million, up 8% from the previous year. The directors recommended a final dividend of 9.25c per share. Forecasts are optimistic and Stormgard plans to increase investment in plant and equipment. The chairman said the company faces the future with confidence.

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    Stormgard, a European manufacturer of insulation and roofing products, reported record preliminary results for last year with sales and market share growth in all regions. Turnover increased almost 14% as demand rose for insulation during the recession. Pre-tax profits were €62.4 million, up 8% from the previous year. The directors recommended a final dividend of 9.25c per share. Forecasts are optimistic and Stormgard plans to increase investment in plant and equipment. The chairman said the company faces the future with confidence.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    6K views2 pages

    Mariia Deremenda 457group: Vocabulary Stormgard Shines When Others Stumble

    Uploaded by

    Марiя Деременда
    Stormgard, a European manufacturer of insulation and roofing products, reported record preliminary results for last year with sales and market share growth in all regions. Turnover increased almost 14% as demand rose for insulation during the recession. Pre-tax profits were €62.4 million, up 8% from the previous year. The directors recommended a final dividend of 9.25c per share. Forecasts are optimistic and Stormgard plans to increase investment in plant and equipment. The chairman said the company faces the future with confidence.

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    © All Rights Reserved
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    Mariia Deremenda 457group

    Vocabulary
    Stormgard shines when others stumble
    While two of its rivals are teetering on the brink of bankruptcy, Stormgard, one
    of Europe's largest manufacturers of insulation and roofing products. reports
    record preliminary results. with sales growth and market share gains made in all
    three regions of Scandinavia, western Europe and the Mediterranean. Turnover
    at Stormgard increased almost 14 per cent last year, with demand for insulation
    products rising, as companies and individuals looked for ways to cut costs and
    save energy in the midst of the current recession. Pre-tax profits were €62.4m,
    up 8 per cent from last year. Shareholders will certainly not be disappointed, as
    the directors recommended the payment of a final dividend, of 9.25c per share.
    Forecasts are optimistic and Stormgard even plans to increase its investment in
    plant and equipment in the near future. Commenting on the results, Lucas
    Reiner, Chairman of Stormgard, said: “Against a background of mixed market
    conditions, our company faces the future with confidence and looks forward to
    continued progress in the year ahead”.
    Describing trends
    Exersice 1
    1. To plummet
    2. To drop
    3. To fall
    4. To decline
    5. To increase
    6. To rise
    7. To rocket
    8. To jump
    Exersice 2
    Infinitive Past simple Past participle Noun
    To decrease decreased decreased decrease
    To fall fell fallen fall
    To drop dropped dropped drop
    To peak peaked peaked peak
    To rise rose risen rise
    Exersice 3
    1. There was a sharp drop in profit.
    2. Profit decreased from €7.5m till €4.5m
    3. Profit decreased by €3m.
    4. Profit now stands at €4.5m.
    5. There was a drop of €3m in profit.
    Skills
    1. Fourteen
    2. Forty
    3. Eight pounds fifty
    4. Five hundred and fifteen euros
    5. Twelve point five
    6. Thirteen point three six per cent
    7. Point one two five
    8. One third
    9. Three quarters
    10. Five thousand, six hundred and seventy-eight
    Cultures: International meetings
    1. Different cultural assumptions mean that sometimes body language can
    easily be misunderstood.
    2. In a hierarchical culture, criticizing or disagreeing with a boos or manager
    can result in a loss of face for both people involved.
    3. In many countries, people like to go away from a meeting with a clear action
    plan.
    4. Not all cultures have strict approaches to starting and finishing times or the
    duration of discussion.
    5. The idea of hierarchy in a cultures is one of the key areas to bear in mind.
    6. The new manager has a very relaxed attitude towards meetings and sees them
    as the place for relationship building and developing trust.
    7. The participants made small talk for a few minutes, then the Chair cleared
    her throat and said, “So, let’s get down to business “.
    8. Their meetings are for clearly defined purposes, and they like to stick to the
    agenda.

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