Q2 Interim report, 27 July 2010
In Property and Office Support Services, the number of commissioned assignments may fall despite the economic recovery. Rapid fluctuations in demand for services purchased by the industry may hamper the planning and implementation of work.
If the operating rate target set for L&T Recoil’s production is not reached, this will have a negative impact on the Environmental Services division’s performance. Its performance could also be adversely affected by the potential fall in the price of crude oil, since the price of base oil follows crude oil price developments with a slight delay.
Low prices of fossil fuels such as coal, oil and peat undermines the competitiveness of L&T Biowatti’s wood-based fuels. Similarly, the low wholesale price of electricity and low price of emission rights will weaken demand.
Intensifying competition and changes in legislation in Latvia may prove detrimental to the profitability of the waste management business.
More detailed information on L&T’s risks and risk management is available in the Annual Report, in the Board of Directors’ Report and in the consolidated financial statements.
Q1 Interim report, 29 April 2010
In Property and Office Support Services, the number of commissioned assignments may fall despite the economic recovery. Rapid fluctuations in demand for services purchased by the industry may hamper the planning and implementation of work.
If the operating rate target set for L&T Recoil’s production is not reached, this will have a negative impact on the Environmental Services division’s performance. Its performance could also be adversely affected by the potential fall in the price of crude oil, since the price of base oil follows crude oil price developments with a slight delay.
Low prices of fossil fuels such as coal, oil and peat may undermine the competitiveness of L&T Biowatti’s wood-based fuels. The low wholesale price of electricity and low price of emission rights will weaken demand.
Intensifying competition and changes in legislation in Latvia may prove detrimental to the profitability of the waste management business.
Financial statements release, 10 February 2010
Sustained economic uncertainty may reduce transport and recycling volumes and the number of assignments. The market price and demand instability of secondary raw materials could have a negative effect on the profitability of recycling services. Rapid fluctuations in demand for services purchased by the industry and the low operating rates in the industry may hamper the planning and implementation of work.
If the operating rate target set for L&T Recoil’s production is not reached, this will have a negative impact on the Environmental Services division’s performance. Performance will also be adversely affected by the potential fall in the price of crude oil because the price of base oil follows crude oil price developments with a slight delay.
Low prices of fossil fuels such as coal, oil and peat may undermine the competitiveness of L&T Biowatti’s wood-based fuels. Similarly, the low wholesale price of electricity and low price of emission rights will weaken demand.
The intensifying competition environment and changes in legislation in Latvia may prove detrimental to the profitability of the waste management business.
Q3 Interim report, 27 October 2009
A prolonged economic recession may reduce transport and recycling volumes and the number of assignments. The market price instability of secondary raw materials and low demand could have a negative effect on the profitability of recycling services. Rapid fluctuations in demand for services purchased by the industry and the lowering operating rates may hamper the planning and implementation of work.
If the operating rate target set for L&T Recoil’s production will not be reached , this will have a pronounced impact on Industrial Services’ performance. The division’s result will also decline if the price of crude oil falls, because the price of base oil follows crude oil price developments with a slight delay.
Sustained low operating rates in the forest industry will hamper L&T Biowatti’s procurement of by-products for raw material. The low prices of coal and oil will undermine the competitiveness of wood-based fuels. Similarly, the low wholesale price of electricity will weaken demand.
The uncertain outlook of the Latvian economy and more intense competition may prove detrimental to the profitability of Riga’s waste management business.
If the H1N1 influenza epidemic expands further, potential consequences include higher sick day costs and production disruptions, which could weaken financial performance.