单选题 A. Following the company's poor annual results in November, the share price plunged and has since remained around 200p. Analysts now believe that the company is seriously undervalued by the stock market. The company's biggest problems were in Germany and France last year where supply outstripped demand, leading to a 20 million loss for the year. However, the company has recently appointed a new chairman who has a first-rate track record of reviving failing companies. It is believed that he will be successful in turning round the company's fortunes.
B. Analysts are impressed with the company's recent performance. In the last six months, it has managed to increase prices by 3 per cent without adversely affecting sales. In such a low-margin, high-sales sector, this ought to translate directly into increased profits. The company's recent sale of its packaging division has eliminated all its debts. Shares have risen in the past month from 80p to 100p. Despite these promising. Signs, it must be remembered that the company is trading in an extremely volatile market.
C. For some weeks, there has been widespread expectation that the company will announce the sale of its troubled newspaper-and-magazine distribution arm. Speculation came to an end when this was firmly ruled out as a possibility at the annual general meeting last week. Profits from this division were down from 13 million to 8 million. However, this drop was more than offset by an improvement in the company's retail division, which has taken the innovative step of opening stores in places such as hospitals and colleges. Profits in this division rose from
D. The company has had steady growth prospects since it opened four more upmarket hotels and several health and fitness clubs. This move has come at a time when the market is particularly buoyant. There were rumors that the company might become the subject of a takeover bid by one of the large American corporations. However, this has not materialized, and it now seems unlikely that any such bids will be made in the immediate future. This is expected to lead to
E. The company has always been popular with shareholders as, for the past ten years, it has consistently provided them with above average returns. Profits for the first half of the year were up by 15 per cent. Development profits from some 30 projects around the country will provide a balanced stream of earnings in the second half of the year. Given this, and the sale of a loss-making division in Bradford, pre-tax profit forecasts have been increased to 21 million and

单选题 This company has expanded at a time of high demand.

单选题 Good results in one part of this company made up for disappointing results in another part.

单选题 It is difficult to predict future prospects for the kind of products this company sells.

单选题 Profits for this company are likely to be different from those that were earlier predicted.

单选题 This company produced more goods than were needed for certain markets.

单选题 This company has denied rumors about its future plans.

单选题 A recovery in this company's financial position is expected.

单选题 This company is likely to benefit from charging more for its products.