Rising metal cost to hit Honda's operating margin.
Economic Times (New Delhi, India), December, 2006
Byline: Nandini Sengupta
Dec. 28--NEW DELHI -- Hero Honda's formidable treasury earnings will not be able to neutralise the impact of input prices on its profitability. According to top company officials, rising cost of commodities like aluminium, nickel, rubber, copper and zinc will hit operating margins in the third quarter. Speaking to ET, Hero Honda finance veep Ravi Sud said: "Input prices are going up putting pressure on our margins. Treasury income will not be able to compensate for this."
The steep recent rise in the prices of aluminium, nickel and copper and the fact that steel has stabilised at the September/October level, which is significantly higher than the April level, will hit the bike market leader's margins in the current quarter,...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
