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GIS » Topics » IMPACT OF INFLATION

These excerpts taken from the GIS 10-K filed Jul 11, 2008.
IMPACT OF INFLATION
We have experienced strong levels of input cost inflation since fiscal 2006. Our gross margin performance in fiscal 2008 reflects the impact of significant input cost inflation, primarily from commodities and energy inputs.
 
For fiscal 2009, we expect inflationary trends to accelerate, with input costs (fuel, energy, commodities, and employee benefits) forecasted to be 9 percent higher than fiscal 2008 levels. We expect to mitigate this inflationary pressure through cost saving initiatives and pricing.
 
We attempt to minimize the effects of inflation through appropriate planning and operating practices. Our risk management practices are discussed in Item 7A of this report.
 
IMPACT
OF INFLATION





We have experienced strong levels of input cost inflation since
fiscal 2006. Our gross margin performance in fiscal 2008
reflects the impact of significant input cost inflation,
primarily from commodities and energy inputs.


 



For fiscal 2009, we expect inflationary trends to accelerate,
with input costs (fuel, energy, commodities, and employee
benefits) forecasted to be 9 percent higher than fiscal
2008 levels. We expect to mitigate this inflationary pressure
through cost saving initiatives and pricing.


 



We attempt to minimize the effects of inflation through
appropriate planning and operating practices. Our risk
management practices are discussed in Item 7A of this
report.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Jul 11, 2008

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Hain Celestial Group (HAIN)
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