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XIDE » Topics » Decreased demand in the industries in which the Company operates may adversely affect its business.This excerpt taken from the XIDE 10-K filed Jun 4, 2009. Decreased
demand in the industries in which the Company operates may
adversely affect its business.
The Company’s financial performance depends, in part, on
conditions in the automotive, material handling, and
telecommunications industries which, in turn, are generally
dependent on the U.S. and global economies. As a result,
economic and other factors adversely affecting production by
OEMs and their customers’ spending could adversely impact
the Company’s business. Relatively modest declines in
customer purchases from the Company could have a significant
adverse impact on its profitability because the Company
Table of Contents
has substantial fixed production costs. If the Company’s
OEM and large aftermarket customers reduce their inventory
levels, or reduce their orders, the Company’s performance
would be significantly adversely impacted. In this economic
environment, the Company cannot predict future production rates
or inventory levels or the underlying economic factors.
Continued uncertainty and unexpected fluctuations may adversely
affect the Company’s business.
The remaining portion of the Company’s battery sales are of
aftermarket batteries. The factors influencing demand for
automotive replacement batteries include: (1) the number of
vehicles in use; (2) average battery life; (3) the
average age of vehicles and their operating environment;
(4) weather conditions; (5) population growth; and
(6) overall economic conditions. Any significant adverse
change in any one of these factors may adversely affect the
Company’s business.
This excerpt taken from the XIDE 10-K filed Jun 9, 2008. Decreased
demand in the industries in which the Company operates may
adversely affect its business.
The Company’s financial performance depends, in part, on
conditions in the automotive, material handling, and
telecommunications industries which, in turn, are generally
dependent on the U.S. and global economies. As a result,
economic and other factors adversely affecting production by
OEMs and their customers’ spending could adversely impact
the Company’s business. Relatively modest declines in
customer purchases from the Company could have a significant
adverse impact on its profitability because the Company has
substantial fixed production costs. If the Company’s OEM
and large aftermarket customers reduce their inventory levels,
and reduce their orders, the Company’s performance would be
significantly adversely impacted. In this environment, the
Company cannot predict future production rates or inventory
levels or the underlying economic factors. Continued uncertainty
and unexpected fluctuations may adversely affect the
Company’s business.
The remaining portion of the Company’s battery sales are of
aftermarket batteries. The factors influencing demand for
automotive replacement batteries include: (1) the number of
vehicles in use; (2) average battery life; (3) the
average age of vehicles and their operating environment;
(4) average miles driven, (5) weather conditions; and
(6) population growth and overall economic conditions. Any
significant adverse change in any one of these factors may
adversely affect the Company’s business.
Table of Contents
This excerpt taken from the XIDE 10-K filed Jun 11, 2007. Decreased
demand in the industries in which the Company operates may
adversely affect its business.
The Company’s financial performance depends, in part, on
conditions in the automotive, material handling, and
telecommunications industries, which, in turn, are generally
dependent on the U.S. and global economies. As a result,
economic and other factors adversely affecting production by
OEMs and their customers’ spending could adversely impact
the Company’s business. Relatively modest declines in
customer purchases from the Company could have a significant
adverse impact on its profitability because the Company has
substantial fixed production costs. If the Company’s OEM
and large aftermarket customers reduce their inventory levels,
and reduce their orders, the Company’s performance would be
significantly adversely impacted. In this environment, the
Company cannot predict future production rates or inventory
levels or the underlying economic factors. Continued uncertainty
and unexpected fluctuations may have a significant negative
impact on the Company’s business.
The remaining portion of the Company’s battery sales are of
aftermarket batteries. The factors influencing demand for
automotive replacement batteries include: (1) the number of
vehicles in use; (2) average battery life; (3) the
average age of vehicles and their operating environment;
(4) average miles driven, (5) weather conditions; and
(6) population growth and overall economic conditions. Any
significant adverse change in any one of these factors may have
a significant negative impact on the Company’s business.
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