How to Talk About an Annual Report in English

How to Talk About an Annual Report in English

The following key ratios have been taken from page 1 of Volvo Group’s 2014 annual report.
Based on the figures shown, complete the text using the proposed vocabulary.

Scroll down below for answers.

How to talk about an annual report in english

share
strengthened
excluding
traction
amounted
increased
restructuring
traction
reduce
margin
proposed

Net sales __________ by 4% to SEK 282.9 billion (272.6).
Operating income _________ restructuring charges amounted to SEK 8.4 billion (7.9).
Operating _________ excluding _________ charges amounted to 3.0% (2.9).
Improved underlying profitability with good _________ in the activities to improve efficiency and _________ the cost base. Increased cost-savings scope in addition to the Strategic Program. _________ financial position – at year end net debt in the Industrial Operations amounted to 14% of shareholders’ equity.
_________ dividend of SEK 3.00 per _________ (3.00).

_________________________

Answers:

Net sales increased by 4% to SEK 282.9 billion (272.6).
Operating income excluding restructuring charges amounted to SEK 8.4 billion (7.9).
Operating margin excluding restructuring charges amounted to 3.0% (2.9).
Improved underlying profitability with good traction in the activities to improve effi ciency and reduce the cost base. Increased cost-savings scope in addition to the Strategic Program. Strengthened financial position – at year end net debt in the Industrial Operations amounted to 14% of shareholders’ equity.
Proposed dividend of SEK 3.00 per share (3.00).

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