BENCHMARK SURVEY 2013

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "BENCHMARK SURVEY 2013"

Transcription

1 AUSTRALIAN CAR WASH INDUSTRY BENCHMARK SURVEY 2013 This survey was undertaken in response to many requests for information about the car wash industry in Australia both the current position and the trends over time. The survey was completed by members of the Australian Car Wash Association and their participation was voluntary and anonymous. This is the second in the current series of car wash industry benchmark surveys and the intention is to continue the research indefinitely. Through this widespread data collection, ACWA has been able to start building a profile of the car wash industry in Australia, which will both better represent the industry to regulatory authorities and provide valuable data to car wash businesses and the associated suppliers. The success of this research work being undertaken by ACWA on behalf of the industry will depend on the interest and involvement of sufficient members of the industry. It is the respondents who provide the basic data for all kinds of washes from which meaningful analyses can be extracted and comparisons made. Caring for your car and the environment AUSTRALIAN CAR WASH ASSOCIATION ABN P O Box 4390, Langwarrin, VICTORIA 3910 T: F: M: E: W:

2 Page Site information location, ownership, facilities 3 Site facilities 4 Water efficiencies 4 Facilities pricing and range of services 5 Wash counts 6 Annual turnover and expenditure 7 Staff and owner management 9 Comparative annual turnover 10 Competition and marketing 12 Bad weather days 13 Maintenance and breakdown days 13 General questions 13 2

3 SITE INFORMATION Over 8 of the sites surveyed are in Victoria or New South Wales / ACT. The numbers for the other states are too low to be considered representative of the industry in that state. Thus, their results will be combined for the rest of this analysis. Location of Sites by State/Territory VIC NSW/ACT QLD SA WA TAS 32% of sites surveyed offer petrol sales and a convenience store as well as car wash services. The proportion of sites in major capital centres is much higher for the petroleum businesses than for the car wash only service businesses Location of sites by capital city, major regional or small urban / country area National no petroleum National all sites VIC all sites NSW/ACT all sites OTHER STATES Small Urban / Country Major Regional Capital City Similarly, land and building ownership is much higher among the petroleum sites than for the smaller independents, where 39% rent the land and 21% rent the land and buildings. 10 Percentage of Capital Assets of Business Owned or Rented Rent - Single Site Own - Single Site Rent - all Own - all Land Buildings Equipment Land single site Buildings single site Equipment single site 3

4 SITE FACILITIES More than 87% of all sites surveyed have automatic bays, vacuums and vending machines. 72% of sites have self-serve bays, most of which also included at least one automatic bay. It should be noted that there was not a sufficient data sample in the surveyed sites to draw any conclusions about hand wash sites. 10 Types of facilities/equipment that are available at car wash sites, as a percentage of all sites surveyed Self Serve Bays In Bay Automatic Conveyor Tunnel Hand Wash Dog/Pet Wash Vacuums Vending Average number of each type of facility or equipment per site Self Serve Bays In Bay Automatic Conveyor Tunnel Hand Wash Dog/Pet Wash Vacuums Vending WATER EFFICIENCIES Rising water prices and the ever present threat of future drought imposed water restrictions have resulted in most car wash sites which include an automatic bay or tunnel, providing for recycling or alternative sources of water. 7 of all sites surveyed have a working recycling system, and a further 14% have recycling but are not currently using it. 3 of the sites have accessed bore water. 51% of all sites surveyed are currently accredited under the Water Saver Rating Scheme (WRS), half of these in Victoria and half in New South Wales. 85% of the petrol station sites are accredited under the WRS. 4

5 FACILITIES PRICING AND RANGE OF SERVICE A wide range of pricing is available throughout all facilities with 65% of those surveyed reviewing their pricing every year. However, only 4 had actually increased their prices within the last twelve months and only 54% within the last two years. Self-serve bays Pricing in the self-serve bays is based on the number of seconds given for washing per $1. 21% of sites give less than 75 seconds per $1 (down from 35% in last year s survey) while 2 give 2 minutes or more per $1 (same as last year). Automatic bays and tunnels A range of services is offered in the automatic bays, with extra cycles such as wax, conditioners and underbody washes being added to the more expensive wash programs. Basic wash prices vary from $8-16, Middle wash from $11-18 and Top wash from $ $20 $18 For Automatic - average price for each service offered $16 $14 $12 last year this year $10 $8 Basic wash Middle wash 1 Top wash The Top wash is the most popular or best-selling wash for 8 of sites surveyed, the Middle wash for 12% of the sites and only 8% nominated the Bottom wash as being most popular. This is a much higher percentage favouring the Top Wash than in the previous survey. With only 2 tunnel wash sites responding to the survey, comparative pricing analysis is not feasible. 5

6 Full service hand wash A wide range of services is offered in these facilities with an equally wide range of pricing depending on whether it is a basic operation such as in a shopping centre car park or a major independent development with its own café and additional features. Pricing starts at $15-30 for a basic exterior wash and ranges up to $190 for full detailing and a hand wax finish. Due to the small number of hand wash survey responses, we are unable to ascertain a reliable picture for this sector of the industry in this survey. WASH COUNTS Wash count analysis has been restricted to those States and sectors where the number of responses enabled a reliable analysis of data. 1,200 1,000 WASH COUNTS - average monthly counts for each activity per bay or per unit 1,023 1, Automatic, per bay Self-serve, per bay Vacuums, per unit Dog wash, per unit 69 WASH COUNTS -average monthly counts, by State for each activity per bay or per unit 1,800 1,600 1,400 1,200 1, National NSW VIC Automatic Self serve Vacuums Dog wash 6

7 ANNUAL TURNOVER AND EXPENDITURE Turnover Gross annual turnover is affected by a variety of factors and fluctuates enormously from site to site for these reasons. The range does however give a good indication to car wash owners of where their own business fits when compared to the overall picture. In this survey, the retail petroleum sites surveyed were not the larger chains and the differences in turnover compared with focussed car wash sites were not as marked as in the previous survey. There was a significant increase in the proportion of businesses reporting an annual turnover of more than $200,000 than in the previous year 6 in 2013 compared to 32.5% in Annual Car Wash Turnover per site - comparison for year ended June 2013 with year ended June less than $100,000 $100,000 to $199,999 $200,000 to $399,999 $400,000 to $799,999 $800,000 to $1,199,999 Comparisons were only viable for Victoria and NSW/ACT with the national average. Victoria s results were better than the national average, but NSW/ACT were slightly lower. Annual Car Wash Turnover per site by State for year ended June NATIONAL VIC NSW/ACT less than $100,000 $100,000 to $199,999 $200,000 to $399,999 $400,000 to $799,999 The major wash facilities account for most of the income of all sites. Additional facilities may only provide a small amount of additional revenue but can also help attract customers to that particular car wash ahead of its competitors. The percentage contribution to total income is shown separately for self-serve bays where there is no automatic on site, compared to sites which have both self-serve and automatic. 7

8 Average income breakdown for each service, expressed as a percentage of Total Turnover for the year ended June 2013 Expenditure Petroleum sites were not included in the questions on expenditure because of the difficulties in allocating expenses between the different services being offered at the site. 8 out of 10 car wash only sites showed a net profit of at least 2 (compared with 5 out of 10 the previous year) and 2 out of 10 kept expenses at less than 6 of gross income (same as previous year). No respondents indicated a position where expenditure exceeded income. The analysis of expenditure showed that staff and management wages combined are the major expense (24%). Rent and Rates was the largest single expense (22.7% compared with 14% in the previous year). A positive indicator for the growth and resilience of the industry was the increase in Capital Purchases from 2.2% in the previous survey to 13.6% this year. Other Expenses included Travel, Training, Security and Office Expenses. 25% Expenditure for the Financial Year ended 30 June 2013, as a percentage of Total Annual Income. 2 15% 1 5% 8

9 25% Expenditure as a percentage of Total Annual Income comparing significant items for year to June 2012 with year to June % % STAFF AND OWNER MANAGEMENT It is generally accepted that having staff on site during normal business hours not only keeps the site well maintained but also helps bring in and retain more customers (see Graph on Page 12 of this report). This year, however, the percentage of sites employing full time managers decreased from 86% to 42%, with a corresponding increase in part time attendants from 23% to 73% cutting costs but retaining a presence Type of staff employed on site, as a percentage of sites surveyed Business owners are putting in un-charged time at their sites without recognising its value either as an expense to their business or as a reduction in their own earning capacity. This is particularly significant if that time is given instead of employing paid staff as attendants. Percentage of Owner/Operators who regularly give uncharged time to the business - comparing year to June 2012 with year to June General Management 8 Hours 6 Working as Attendant Hours 4 Marketing Promotional Hours

10 COMPARATIVE ANNUAL TURNOVERS There has been a significant turnaround in turnover across all car wash sites from the results given in the previous year. 58.1% of businesses reported an increase in turnover of more than 1 for the year ended June 2013, compared with 31.6% last year. Only 13.1% of businesses reported a decrease in turnover this year compared with 31.5% for the year ended June In the graph above, business owners reported a significant increase of time spent marketing and promoting the business (from 42% of owners for the year ended June 2012 to 56% this year). While other factors must also be taken into account, it can be concluded that the increased promotional efforts contributed to the increased turnovers. 4 35% 3 25% 2 15% 1 5% Comparing TOTAL turnover from the financial year ended June 2013 with that for the year ended June 2012 Comparing TOTAL turnover by State and National Financial year ended June 2013 with that for the year ended June National VIC NSW/ACT Other States Decr more than 1 Same or +/ 1 Incr more than 1 The change in turnover was not reflected equally across the various facilities offered on site, with some increasing while other services decreased at the same site. Automatic bays reported that most consistent increases compared to self-serve bays and dog washes. 10

11 Comparing TOTAL turnover from the financial year ended June 2013 with that for the year ended June 2012 for the different activity sectors of the business Self Serve Bays In Bay Automatic Dog Wash All activities Decr more than 1 Same or +/ 1 Incr more than 1 Turnover comparisons to two years ago The improved performances reported for the year ended 30 June 2013 compared with June 2012 have brought more car washes into a growth position compared to the results of two years ago. Only 15% reported a lower turnover than for , 4% stayed the same and 81% reported an increase; 23% achieved an increase of more than 2 over their results of two years ago Comparing TOTAL turnover from the financial year ended June 2013 with the total turnover for 2 years ago (year ended June 2011). While NSW/ACT seems to have recovered even more quickly than the national trend, Victoria still has 29% of the businesses showing lower turnovers than two years ago. But note from the graph on page 8, that average turnovers are higher overall in Victoria than in NSW/ACT Comparing TOTAL turnover by State and National Financial year ended June 2013 with that for 2 years ago (year ended June 2011) Decr more than 1 Same or +/ 1 Incr more than 1 National VIC NSW/ACT Other States 11

12 COMPETITION AND MARKETING When asked if they faced more competition from other car wash businesses than a year ago, 4 said yes, almost the same response as last year. Respondents were asked to identify, on a scale of 1 to 10, what they felt was most important in attracting customers to their site and retaining the custom. The most effective ways of promoting a car wash business Comparing 2013 and 2012 on a scale of 1 to 10 Keeping your site well maintained A good range of services on offer Attractive signage Staff on hand several hours every day Credit card and/or pre pay facilities Loyalty specials and regular promotions Cross marketing with other local businesses Linking ups with schools, sports clubs, community Website, facebook and other electronic communications Occasional advertising in local papers or with letter box drops Regular advertising in local papers and other media

13 Very few of the single site operators spent time on marketing, whereas 5 of the multi-site operators spent more than 20 hours a month promoting their businesses. 10 How much time is spent each month promoting and marketing this car wash site? Specifically on this car wash site As part of a multi-site promotion less than 5 hours 5-10 hours hours more than 20 hours 57% of respondents have a website linked to their car wash site, up from 13% in the previous survey. Of those who do not have a website, 25% are in the process of developing a site while the remainder either do not think a website will help promote the business or do not know enough about websites to try. BAD WEATHER DAYS 68% of respondents said that income was less than half of normal for more than 50 days of the year due to bad weather. 4 said that income was less than half of normal for more than 100 days of the year. NSW/ACT had the highest response for rain affected income, whereas in the previous year it was Victoria which was most affected. 13

14 MAINTENANCE AND BREAKDOWN DAYS 52% of respondents said that they had planned automatic or tunnel bay closures for maintenance for less than 10 days per year, up from 38% the previous year. The remaining 48% of respondents had closures for days, and no closures of more than 20 days were reported. Overall, unplanned closures accounted for just as much, or a little more, down time as planned closures. 6 Downtime closure days for breakdowns and unplanned maintenance with one or more automatic or tunnel bays less than 10 days days days more than 30 days GENERAL QUESTIONS 6 of respondents took less than 20 minutes to complete the survey. 37% took minutes, and 3% said more than 60 minutes. Comments showed that some respondents did not have the detailed financial information or that privacy concerns restrained them from answering those questions. Comments on content of survey were generally that it covered the ground very well. A couple asked for more social media information what was used and its effectiveness. 14

CUSTOMER SATISFACTION SURVEY. Conducted from November 1 to 10, 2017 and answered by 4,101 of the Electric Circuit s 17,644 members.

CUSTOMER SATISFACTION SURVEY. Conducted from November 1 to 10, 2017 and answered by 4,101 of the Electric Circuit s 17,644 members. 2017 CUSTOMER SATISFACTION SURVEY Conducted from November 1 to 10, 2017 and answered by 4,101 of the Electric Circuit s 17,644 members. 1 HIGHLIGHTS The majority of respondents said they were satisfied

More information

Senate Standing Committees on Economics 27 June 2014 PO Box 6100 Parliament House CANBERRA ACT 2600 By

Senate Standing Committees on Economics 27 June 2014 PO Box 6100 Parliament House CANBERRA ACT 2600 By Senate Standing Committees on Economics 27 June 2014 PO Box 6100 Parliament House CANBERRA ACT 2600 By email: economics.sen@aph.gov.au Submission: Inquiry into Fuel Indexation (Road Funding) Bill 2014

More information

Results from the Auto Laundry News. Detailing Survey

Results from the Auto Laundry News. Detailing Survey Detail Survey Cover:Detail Survey Cover T H E V O I C E 12/19/12 O F 12:23 PM T H E Page 27 C A R C A R E I N D U S T R Y Results from the Auto Laundry News 2013 Detailing Survey Results From The Auto

More information

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level BUSINESS STUDIES 9707/03

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level BUSINESS STUDIES 9707/03 UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level BUSINESS STUDIES 9707/03 www.xtremepapers.com Paper 3 Case Study Additional Materials: Answer Booklet/Paper

More information

Take Control & live your life Own a franchise!

Take Control & live your life Own a franchise! Take Control & live your life Own a franchise! With a Jim s Group franchise you can be a part of the Jim s brand and succeed. Congratulations on taking your first step towards business ownership with one

More information

Results from the Auto Laundry News. Detailing Survey

Results from the Auto Laundry News. Detailing Survey Detail Survey Cover:Detail Survey Cover T H E V O I C E 12/24/13 O F 10:45 AM T H E Page 33 C A R C A R E I N D U S T R Y Results from the Auto Laundry News 2014 Detailing Survey 2014 Detail Survey he

More information

Exterior Conveyor Survey

Exterior Conveyor Survey ALNSurveyCOVER:ALNSurvey/6COVER T H E 6/18/14 9:59 AM V O I C E O F Page 33 T H E C A R C A R E I N D U S T R Y Results from the Auto Laundry News 214 Convey Survey www.carwashmag.com Results From The

More information

Investor Relations News

Investor Relations News Investor Relations News Financial year 2017: MTU Aero Engines AG once again posts record figures Earnings forecast for 2017 fully met Outlook for 2018: Moderate earnings increase, cash conversion rate

More information

Lucintel. Publisher Sample

Lucintel.  Publisher Sample Lucintel http://www.marketresearch.com/lucintel-v2747/ Publisher Sample Phone: 800.298.5699 (US) or +1.240.747.3093 or +1.240.747.3093 (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays: 5:30am

More information

BMW Group posts record earnings for 2010

BMW Group posts record earnings for 2010 10.03.2011 BMW Group posts record earnings for 2010 Profit before tax rises to euro 4,836 million Profit before financial result climbs to euro 5,094 million Automobiles segment reports EBIT of euro 4,355

More information

Credit: Image Source / Rex / Shutterstock. Sustainability Research November 2017

Credit: Image Source / Rex / Shutterstock. Sustainability Research November 2017 Credit: Image Source / Rex / Shutterstock Sustainability Research November 2017 Sustainability Research November 2017 AGENDA Methodology Respondent Profile Main Findings Summary Presented by: Heather Macleod,

More information

Ethanol-blended Fuels Policy

Ethanol-blended Fuels Policy November 2016 Ethanol-blended Fuels Policy Ethanol-blended fuels, a blend of mineral petrol and ethanol, have been available in Australia for more than 10 years. The most common ethanol-blended fuel is

More information

Week ending 4 February Sunday, 4 February 2018.

Week ending 4 February Sunday, 4 February 2018. Week ending 4 February 2018 Sunday, 4 February 2018. 1 The Australian Fuel Market - An Overall Snapshot Understanding Movements in Key Diesel Price Indicators The Chart below provides an overall snapshot

More information

Self-Driving Cars: The Next Revolution. Los Angeles Auto Show. November 28, Gary Silberg National Automotive Sector Leader KPMG LLP

Self-Driving Cars: The Next Revolution. Los Angeles Auto Show. November 28, Gary Silberg National Automotive Sector Leader KPMG LLP Self-Driving Cars: The Next Revolution Los Angeles Auto Show November 28, 2012 Gary Silberg National Automotive Sector Leader KPMG LLP 0 Our point of view 1 Our point of view: Self-Driving cars may be

More information

BMW Group Corporate Communications

BMW Group Corporate Communications 14 March 2007 BMW Group to continue its successful course in 2007 Best year in company s history expected in operating terms Sales volume expected to rise to new record level Munich. The BMW Group plans

More information

The Economic Contributions of the Japanese-Brand Automotive Industry to the Canadian. Economy,

The Economic Contributions of the Japanese-Brand Automotive Industry to the Canadian. Economy, The Economic Contributions of the Japanese-Brand Automotive Industry to the Canadian Economy, 21-216 Prepared by: Greig Mordue, PhD & Brendan Sweeney, PhD Prepared for: JAMA Canada June 217 1 Executive

More information

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS 2015 ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS NATIONAL AUTOMOBILE DEALERS ASSOCIATION Overview Steven Szakaly Chief Economist, NADA Patrick Manzi Senior Economist, NADA NADA

More information

Factory activity accelerated further in our region this month, posting its highest composite reading since 2011, said Wilkerson.

Factory activity accelerated further in our region this month, posting its highest composite reading since 2011, said Wilkerson. FOR RELEASE Thursday, October 26, 17 EMBARGOED FOR A.M. CENTRAL TIME CONTACT: Pam Campbell 45-27-8617 Pam.Campbell@kc.frb.org TENTH DISTRICT MANUFACTURING ACTIVITY POSTS STRONG GROWTH Federal Reserve Bank

More information

FACTS ABOUT DIESEL PRICES & THE AUSTRALIAN FUEL MARKET

FACTS ABOUT DIESEL PRICES & THE AUSTRALIAN FUEL MARKET FACTS ABOUT DIESEL PRICES & THE AUSTRALIAN FUEL MARKET INTERNATIONAL PRICES & INFLUENCES Crude oil, diesel and petrol are different products and are bought/sold in their own markets. Each market is typically

More information

FACTS ABOUT PETROL PRICES & THE AUSTRALIAN FUEL MARKET

FACTS ABOUT PETROL PRICES & THE AUSTRALIAN FUEL MARKET FACTS ABOUT PETROL PRICES & THE AUSTRALIAN FUEL MARKET INTERNATIONAL PRICES Crude oil, petrol and diesel are different products and are bought and sold in their own markets. Each market is typically regionally-based

More information

MONRO MUFFLER BRAKE, INC. ANNOUNCES FOURTH QUARTER AND FISCAL 2015 FINANCIAL RESULTS

MONRO MUFFLER BRAKE, INC. ANNOUNCES FOURTH QUARTER AND FISCAL 2015 FINANCIAL RESULTS CONTACT: John Van Heel Chief Executive Officer (585) 647-6400 Robert Gross Executive Chairman (585) 647-6400 Catherine D Amico Executive Vice President Finance Chief Financial Officer (585) 647-6400 Investors:

More information

Car Parking. This activity provides work with area dimensions measurement (yards/metres) proportion/ratio scale drawings percentages money time

Car Parking. This activity provides work with area dimensions measurement (yards/metres) proportion/ratio scale drawings percentages money time Car Parking This activity provides work with area dimensions measurement (yards/metres) proportion/ratio scale drawings percentages money time This activity provides opportunities to: carry out surveys

More information

NATIONAL ASSOCIATION OF AUTOMOBILE MANUFACTURERS OF SOUTH AFRICA

NATIONAL ASSOCIATION OF AUTOMOBILE MANUFACTURERS OF SOUTH AFRICA NATIONAL ASSOCIATION OF AUTOMOBILE MANUFACTURERS OF SOUTH AFRICA GROUND FLOOR, BUILDING F ALENTI OFFICE PARK 457 WITHERITE ROAD, THE WILLOWS, X82 PRETORIA PO BOX 40611, ARCADIA 0007 TELEPHONE: (012) 807-0152

More information

Rhode Island Division of Public Utilities and Carriers & Office of Energy Resources. Power Sector Transformation

Rhode Island Division of Public Utilities and Carriers & Office of Energy Resources. Power Sector Transformation 1 Rhode Island Division of Public Utilities and Carriers & Office of Energy Resources Power Sector Transformation Notice of Inquiry into the Electric Utility Business Model and Request for Stakeholder

More information

Healthier Net Profit under Stronger IDR

Healthier Net Profit under Stronger IDR Investor Bulletin, First Half 2002 Healthier Net Profit under Stronger IDR As of June 2002, the consolidated revenue in USD increased by 32% y.o.y. Due to IDR strengthening against USD, in IDR revenue

More information

Customers with solar PV units in NSW producing and consuming electricity

Customers with solar PV units in NSW producing and consuming electricity Independent Pricing and Regulatory Tribunal FACT SHEET Customers with solar PV units in NSW producing and consuming electricity Based on Solar feed-in tariffs - Setting a fair and reasonable value for

More information

2015 Carbon footprint JTP. Date of issue: 14 th March 2016

2015 Carbon footprint JTP. Date of issue: 14 th March 2016 2015 Carbon footprint JTP Prepared by: Helen Troup Reviewed by: Sarah McCusker Date of issue: 14 th March 2016 Executive summary Carbon Smart 2 Executive summary JTP have seen significant reduction in

More information

NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, THURSDAY, MARCH 27, 2014

NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, THURSDAY, MARCH 27, 2014 NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, THURSDAY, MARCH 27, 2014 Lisa Mataloni: (202) 606-5304 (GDP) gdpniwd@bea.gov BEA 14-13 Kate Shoemaker: (202) 606-5564 (Profits) cpniwd@bea.gov GROSS

More information

Professional. Car Wash Guide For Petroleum & C-Store OPERATORS

Professional. Car Wash Guide For Petroleum & C-Store OPERATORS Professional Car Wash Guide For Petroleum & C-Store OPERATORS After 3 Years, we re washing 10,000 cars per month and making more money off the car wash than the Convenience Store. Dan McKenzie Owner GoClean

More information

GROSS DOMESTIC PRODUCT: FIRST QUARTER 2016 (THIRD ESTIMATE) CORPORATE PROFITS: FIRST QUARTER 2016 (REVISED ESTIMATE)

GROSS DOMESTIC PRODUCT: FIRST QUARTER 2016 (THIRD ESTIMATE) CORPORATE PROFITS: FIRST QUARTER 2016 (REVISED ESTIMATE) EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, TUESDAY, JUNE 28, 2016 BEA 16-32 Technical: Lisa Mataloni (GDP) Kate Pinard (Corporate Profits) 301.278.9080 301.278.9417 gdpniwd@bea.gov cpniwd@bea.gov Media:

More information

Was Henry Ford responsible for the rise of the consumer culture in the 1920s? Consumer Economy. Rise of the Consumer Economy

Was Henry Ford responsible for the rise of the consumer culture in the 1920s? Consumer Economy. Rise of the Consumer Economy Was Henry Ford responsible for the rise of the consumer culture in the 1920s? Consumer Economy Individuals who purchase items or products - in other words they consume What contributed to this taking place

More information

Rural Energy Access: Promoting Solar Home Systems In Rural Areas In Zambia A Case Study. O.S. Kalumiana

Rural Energy Access: Promoting Solar Home Systems In Rural Areas In Zambia A Case Study. O.S. Kalumiana Rural Energy Access: Promoting Solar Home Systems In Rural Areas In Zambia A Case Study O.S. Kalumiana Department of Energy, Ministry of Energy & Water Development, P.O. Box 51254, Lusaka ZAMBIA; Tel:

More information

GENERAL PLANNING GUIDELINES MULTI-BAY CAR WASH

GENERAL PLANNING GUIDELINES MULTI-BAY CAR WASH GENERAL PLANNING GUIDELINES MULTI-BAY CAR WASH Information to be considered when planning your Multi-Bay Car Wash. The information presented id for a 4 6 bay coin operated car wash. It is based on past

More information

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, TUESDAY, DECEMBER 23, 2014

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, TUESDAY, DECEMBER 23, 2014 NEWS RELEASE EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, TUESDAY, DECEMBER 23, 2014 Lisa Mataloni: (202) 606-5304 (GDP) gdpniwd@bea.gov BEA 14-65 Kate Shoemaker: (202) 606-5564 (Profits) cpniwd@bea.gov Jeannine

More information

POLICY BRIEF. Citizen s Guide to Electric Choice & Competition ELIZABETH BRYAN & KATRINA ANDERSON. Background

POLICY BRIEF. Citizen s Guide to Electric Choice & Competition ELIZABETH BRYAN & KATRINA ANDERSON. Background POLICY BRIEF from the COMMONWEALTH FOUNDATION Vol. 22, No. 01 January 2010 Citizen s Guide to Electric Choice & Competition ELIZABETH BRYAN & KATRINA ANDERSON Background Why are we now getting electricity

More information

Northwest Residential Electric Bills

Northwest Residential Electric Bills Henry Lorenzen Chair Oregon Bill Bradbury Oregon Phil Rockefeller Washington Tom Karier Washington W. Bill Booth Vice Chair Idaho James Yost Idaho Pat Smith Montana Jennifer Anders Montana July 2016 Northwest

More information

Hello, my name is Takehiro Kamigama. I will present the full-year consolidated projections for fiscal 2015.

Hello, my name is Takehiro Kamigama. I will present the full-year consolidated projections for fiscal 2015. Hello, my name is Takehiro Kamigama. I will present the full-year consolidated projections for fiscal 2015. My first slide shows you our performance and dividend forecasts. We expect net sales to grow

More information

Edison S.p.A. - Strategy and SWOT Report

Edison S.p.A. - Strategy and SWOT Report Edison S.p.A. - Strategy and SWOT Report Edison S.p.A. - Strategy and SWOT Report The Business Research Store is run by Sector Publishing Intelligence Ltd. SPi has been selling professional market research

More information

Franchising. Bruce R. Barringer R. Duane Ireland

Franchising. Bruce R. Barringer R. Duane Ireland Franchising Bruce R. Barringer R. Duane Ireland 1 Chapter Objectives 1 of 2 1. Explain franchising and how this form of business ownership works. 2. Describe steps entrepreneurs can take to establish a

More information

SAA Financial Results 2008/09. Building on Restructuring

SAA Financial Results 2008/09. Building on Restructuring SAA Financial Results 2008/09 Building on Restructuring 1 Content 1. Industry, Strategic and Operational Overview 2. Financial Overview 3. Conclusion and Way Forward 2 Industry Overview The airline industry

More information

Policy Note. Vanpools in the Puget Sound Region The case for expanding vanpool programs to move the most people for the least cost.

Policy Note. Vanpools in the Puget Sound Region The case for expanding vanpool programs to move the most people for the least cost. Policy Note Vanpools in the Puget Sound Region The case for expanding vanpool programs to move the most people for the least cost Recommendations 1. Saturate vanpool market before expanding other intercity

More information

Non-standard motorcycle helmets in low and middleincome

Non-standard motorcycle helmets in low and middleincome Non-standard motorcycle helmets in low and middleincome nations: A Multi-country Study Rationale Motorcycles are a common and increasing form of transport in many LMIC Efficacy of helmets in reducing serious

More information

Deutsche Konjunktur 2012

Deutsche Konjunktur 2012 Frankfurt/M., 25 Januar Deutsche Konjunktur Stefan Kooths Forecasting Center, Office Berlin GDP: Moderate expansion ahead 114 25=1 QoQ annualized growth rate Level (chain index) + 2.9 +.5 + 1.7 1 112 5

More information

Submission to Greater Cambridge City Deal

Submission to Greater Cambridge City Deal What Transport for Cambridge? 2 1 Submission to Greater Cambridge City Deal By Professor Marcial Echenique OBE ScD RIBA RTPI and Jonathan Barker Introduction Cambridge Futures was founded in 1997 as a

More information

Montgomery Township Community Energy Aggregation

Montgomery Township Community Energy Aggregation Montgomery Township Community Energy Aggregation MCEA Round 2 Program Announcement! The Township of Montgomery is excited to announce another Montgomery Community Energy Aggregation program (MCEA Round

More information

SCOOTER SHARING SURVEY

SCOOTER SHARING SURVEY SCOOTER SHARING SURVEY How is scooter sharing best placed in the market based on the marketing mix (4 Ps)? HTW Berlin Master International Business Balmberger, Tina (531148); Pampel, Lisbeth (552268);

More information

FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Quarter Results Fiscal Year March 2018 Full Year Forecast Structural Reform Stage 2 Progress

More information

Hydraulic & Lubrication Filters

Hydraulic & Lubrication Filters Hydraulic & Lubrication Filters Part II: Proper Filter Sizing Every filter has a minimum of two components. They are the filter housing and filter element. Most filters include an integral bypass valve.

More information

With Ed Kovalchick, Founder & Owner, Net Profit Moderated by Mike Bowers, Executive Editor, DealersEdge

With Ed Kovalchick, Founder & Owner, Net Profit Moderated by Mike Bowers, Executive Editor, DealersEdge The Garage With Ed Kovalchick, Founder & Owner, Net Profit Moderated by Mike Bowers, Executive Editor, DealersEdge Ed Kovalchick is the CEO and founder of Net Profit Inc., (www.npinc.com) an international

More information

Table 1 ANTIGUA AND BARBUDA: MAIN ECONOMIC INDICATORS

Table 1 ANTIGUA AND BARBUDA: MAIN ECONOMIC INDICATORS Antigua Tables 2006 1 Main Indicators 03/11/2006 08:05 AM Table 1 ANTIGUA AND BARBUDA: MAIN ECONOMIC INDICATORS 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 a/ Annual growth rates b/ Gross domestic

More information

BCA Used Car Market Report 2012

BCA Used Car Market Report 2012 NEWS RELEASE 23 August 2012 BCA Used Car Market Report 2012 Used car market demonstrates resilience in choppy economic waters Buyers turn to older used cars as supply issues continue The used car market

More information

X5 RETAIL GROUP REPORTS 27.7% NET RETAIL SALES GROWTH IN Q2

X5 RETAIL GROUP REPORTS 27.7% NET RETAIL SALES GROWTH IN Q2 X5 RETAIL GROUP REPORTS 27.7% NET RETAIL SALES GROWTH IN Q2 2017 Total net retail sales growth accelerated to 27.7% y-o-y, driven by: 6.6% increase in like-for-like (LFL) sales; and 21.1% sales growth

More information

Contents. 1.0 Introduction. 1.0 Introduction 1. Welcome to Toyota Fleet Management (TFM) 2.0 Vehicle servicing and repairs 2. 3.

Contents. 1.0 Introduction. 1.0 Introduction 1. Welcome to Toyota Fleet Management (TFM) 2.0 Vehicle servicing and repairs 2. 3. Driver s guide Contents 1.0 Introduction 1.0 Introduction 1 2.0 Vehicle servicing and repairs 2 2.1 Booking your vehicle in for a service 2 2.2 Vehicle care between services 3 3.0 Tyres 4 4.0 Batteries

More information

FY2/17 (March 2016~February 2017)

FY2/17 (March 2016~February 2017) FY2/17 (March 2016~February 2017) Fact Book 1. Trends in the current fiscal year and previous fiscal year 3. Business overview (1) Performance overview P. 1 (1) No. of students at the end of month P. 7

More information

Online Shopper: New Car Intenders

Online Shopper: New Car Intenders Online Shopper: New Car Intenders Market Intelligence Highlights h Background Objectives To determine: How consumers shop online when researching for their next automotive purchase Value of different types

More information

A LIFETIME APPROACH TO ENGINE COSTS IN THE MARINE SECTOR

A LIFETIME APPROACH TO ENGINE COSTS IN THE MARINE SECTOR A LIFETIME APPROACH TO ENGINE COSTS IN THE MARINE SECTOR The impact of genuine parts, regular maintenance, fuel performance and new technology on whole life costs. A guide from Finning. A whole life approach

More information

ESS Lighting Instruction Pack Original Energy Saver

ESS Lighting Instruction Pack Original Energy Saver ESS Lighting Instruction Pack Original Energy Saver For projects completed: AFTER 1 July 2014 This Instruction Pack is designed to simplify the processing of Energy Savings Certificates for commercial

More information

X5 RETAIL GROUP REPORTS 25.5% NET RETAIL SALES GROWTH IN

X5 RETAIL GROUP REPORTS 25.5% NET RETAIL SALES GROWTH IN X5 RETAIL GROUP REPORTS 25.5% NET RETAIL SALES GROWTH IN 2017 FY 2017 Highlights X5 delivered strong net retail sales growth of 25.5% year-on-year (y-o-y). Net retail sales growth of RUB 261.3 bln y-o-y

More information

The location of the GoBases in each city are shown in the maps below and are indicated by the red dots.

The location of the GoBases in each city are shown in the maps below and are indicated by the red dots. New CarSharing system in Ireland GoCar Local context GoCar has been established in Cork and Dublin city centres, the two largest cities in the Republic of Ireland. The former has a population of 119,000

More information

2013 PLS Alumni/ae Survey: Overall Evaluation of the Program

2013 PLS Alumni/ae Survey: Overall Evaluation of the Program 2013 PLS Alumni/ae Survey: Overall Evaluation of the Program Summary In the spring 2013, the Program of Liberal Studies conducted its first comprehensive survey of alumni/ae in several decades. The department

More information

CHAPTER 20 MOTOR VEHICLES

CHAPTER 20 MOTOR VEHICLES CHAPTER 20 MOTOR VEHICLES 20.1 In India the first car ran on roads in 1897. Prior to independence in the 1940s India had no automobile industry to speak of. Cars were brought into the country in a knocked

More information

MONRO, INC. ANNOUNCES SECOND QUARTER FISCAL 2018 FINANCIAL RESULTS

MONRO, INC. ANNOUNCES SECOND QUARTER FISCAL 2018 FINANCIAL RESULTS CONTACT: Brett Ponton Chief Executive Officer (585) 647-6400 FOR IMMEDIATE RELEASE Brian D Ambrosia Senior Vice President Finance Chief Financial Officer (585) 647-6400 Investors and Media: Effie Veres

More information

Every Disclosure Document issued by a Franchisor Member pursuant to the Code shall comply with the following requirements: -

Every Disclosure Document issued by a Franchisor Member pursuant to the Code shall comply with the following requirements: - C:\Users\Vera\Documents\Documents\FASA\DisclosureDocument\DISCLOSURE DOCUMENT REQUIREMENTS updated13aug 2011DRAFT.doc 29 August 2011 FRANCHISE ASSOCIATION OF SOUTH AFRICA DISCLOSURE DOCUMENT REQUIREMENTS

More information

White&paper&on&power&scenario&in&Delhi&! On! January! 10,! Prime! Minister! Narendra! Modi! presented! competition! in! power! distribution! sector!

White&paper&on&power&scenario&in&Delhi&! On! January! 10,! Prime! Minister! Narendra! Modi! presented! competition! in! power! distribution! sector! White&paper&on&power&scenario&in&Delhi& On January 10, Prime Minister Narendra Modi presented competition in power distribution sector with consumers having an option of choosing their power service provider

More information

Examining the cost burden imposed on European refining by EU legislation

Examining the cost burden imposed on European refining by EU legislation ENVIRONMENTAL SCIENCE FOR THE EUROPEAN REFINING INDUSTRY Examining the cost burden imposed on European refining by EU legislation Platts European Middle Distillates Conference Antwerp, Belgium Alan Reid

More information

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS 2014 www./nadadata Overview NADA Data 2014 the annual financial profile of America s franchised new-car dealerships shows a robust and

More information

HOW TO REGISTER YOUR TRAILER STATE BY STATE INFORMATION AUSTRALIA S FAVOURITE TRAILER.

HOW TO REGISTER YOUR TRAILER STATE BY STATE INFORMATION AUSTRALIA S FAVOURITE TRAILER. www.trailers2000.com.au/owners REGISTER GENERAL INFORMATION Registering your trailer is easy. We refer you to the Department of Transport in your State to ensure your trailer complies with all statutory

More information

DISCOVER U.S. SPENDING MONITOR SM

DISCOVER U.S. SPENDING MONITOR SM DISCOVER U.S. SPENDING MONITOR SM Mar Feb DSM 86.5 88.7 86.1 86.0 86.8 85.4 85.1 86.4 Spending 95.6 95.8 97.5 97.6 97.9 95.3 93.9 92.1 Econ 75.2 79.9 71.9 71.4 73.0 73.0 74.2 79.4 DSBW 74.6 86.9 84.6 71.8

More information

WashTec AG Baader Bank Investment Conference Karoline Kalb WashTec AG

WashTec AG Baader Bank Investment Conference Karoline Kalb WashTec AG WashTec AG Baader Bank Investment Conference 2017 Karoline Kalb WashTec AG What do they have in common? 2 WashTec AG BIC Carwash is an attractive business model around the globe Market drivers Consumer

More information

Business Banking. Live your Dream through Franchising

Business Banking. Live your Dream through Franchising Business Banking Live your Dream through Franchising February 2008 Contents Page I. Overview - the sector 3 II. How franchising works 3 III. Advantages of franchising 4 IV. Franchise success know yourself

More information

Acoustic Enclosures for Diesel Pumps

Acoustic Enclosures for Diesel Pumps Acoustic Enclosures for Diesel Pumps Company Profile Pressure & Vacuum Pumps Specialist Vision To supply on time, high quality and recognised products to our clients as packaged equipment to their specifications

More information

Extract from the 4 Corners program transcript from Jonathan Holmes' report into energy efficiency in Australian households, "The Home Front".

Extract from the 4 Corners program transcript from Jonathan Holmes' report into energy efficiency in Australian households, The Home Front. Extract from the 4 Corners program transcript from Jonathan Holmes' report into energy efficiency in Australian households, "The Home Front". JONATHAN HOLMES: But thousands of cheap air conditioners are

More information

FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Half Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives/ Business

More information

RECOGNIZING FRANCHISING OPPORTUNITIES

RECOGNIZING FRANCHISING OPPORTUNITIES RECOGNIZING FRANCHISING OPPORTUNITIES Chapter 2 Paulink C. Barba BSBA Marketing Management KEY POINTS: I. The advantages of franchising for both franchisor and franchisee II. The potential disadvantages

More information

BendPak 2-Post Car Lift vs. Value Brands

BendPak 2-Post Car Lift vs. Value Brands BendPak 2-Post Car Lift vs. Value Brands PRODUCT COMPARISON BendPak XPR-10A* vs. Tuxedo TP9KAC* *Design features and specifications are subject to change. Please consult factories for updates. TUXEDO is

More information

BGE Smart Energy Pricing: Customers are making it work

BGE Smart Energy Pricing: Customers are making it work BGE Smart Energy Pricing: Customers are making it work Institute for Regulatory Policy Studies Conference April 29,2010 Neel Gulhar Program Manager, Smart Grid Smart Energy Pricing Agenda BGE Smart Grid

More information

10 Th Urban Mobility Conference / CODATU XVII Innovative Funding For Urban Mobility Case study: RATP & Ile-de France mobility

10 Th Urban Mobility Conference / CODATU XVII Innovative Funding For Urban Mobility Case study: RATP & Ile-de France mobility 10 Th Urban Mobility Conference / CODATU XVII-2017 Innovative Funding For Urban Mobility Case study: RATP & Ile-de France mobility ORGANIZATION OF ÎLE-DE-FRANCE REGION URBAN MOBILITY Île-de-France region:

More information

2017 European Car Wash Consumer Study

2017 European Car Wash Consumer Study 2017 European Car Wash Consumer Study 2017 International Carwash ssociation, Inc. 2017 EUROPEN CR WSH CONSUMER STUDY 1 TLE OF CONTENTS MESSGE FROM INTERNTIONL CRWSH SSOCITION pg. 3 METHODOLOGY pg. 4 STTE

More information

1. Mobility Scooter storage policy

1. Mobility Scooter storage policy 1. Mobility Scooter storage policy 1.1 Introduction The past few years have seen an expansion in the availability and use of motorised scooters. Their popularity is now beginning to create issues in premises

More information

FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 Nine Month Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives 1

More information

BMW Group Investor Relations.

BMW Group Investor Relations. Capital Markets Day China 2010 Beijing September 16, 2010 - Please check against delivery - Statement by Dr. Friedrich Eichiner Member of the Board of Management of BMW AG, Finance Capital Markets Day

More information

Corporate Communications. Press Release 13 March 2012

Corporate Communications. Press Release 13 March 2012 13 March 2012 BMW Group targets another record year in 2012 New highs forecast for sales volume and earnings EBIT margin of 8 to 10% targeted in Automotive segment Sales volume of over two million vehicles

More information

Commercial Fishing Enterprise! Keys to Success. Sharing Insights Networking Conference. Ososyoos, BC November, 2011

Commercial Fishing Enterprise! Keys to Success. Sharing Insights Networking Conference. Ososyoos, BC November, 2011 Commercial Fishing Enterprise Keys to Success Sharing Insights Networking Conference Ososyoos, BC November, 2011 Stuart Nelson Nelson Bros Fisheries Ltd Q: How do you make a small fortune? A: Start with

More information

Frequently Asked Questions Trico Proposed Net Metering Tariff Modifications

Frequently Asked Questions Trico Proposed Net Metering Tariff Modifications Frequently Asked Questions Trico Proposed Net Metering Tariff Modifications 1. Who is a self-generation or Net Metering Member? This is a Member who has installed grid-connected renewable generation, such

More information

Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2014, 10:00 a.m.

Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2014, 10:00 a.m. - Check against delivery - Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June 2014, 10:00 a.m. Ladies and Gentlemen! Since July, Europe

More information

Contents. Foreword 2 Editor s Words 2 Acronyms 3 Terminilogies 3

Contents. Foreword 2 Editor s Words 2 Acronyms 3 Terminilogies 3 Contents Foreword 2 Editor s Words 2 Acronyms 3 Terminilogies 3 AcCkies creative: 0811289655 1. SUMMARY STATISTICS FOR ELECTRICITY DISTRIBUTION SECTOR 4 1.1 Total Customer Numbers 5 1.2 Electricity Consumption

More information

DRIVER SPEED COMPLIANCE WITHIN SCHOOL ZONES AND EFFECTS OF 40 PAINTED SPEED LIMIT ON DRIVER SPEED BEHAVIOURS Tony Radalj Main Roads Western Australia

DRIVER SPEED COMPLIANCE WITHIN SCHOOL ZONES AND EFFECTS OF 40 PAINTED SPEED LIMIT ON DRIVER SPEED BEHAVIOURS Tony Radalj Main Roads Western Australia DRIVER SPEED COMPLIANCE WITHIN SCHOOL ZONES AND EFFECTS OF 4 PAINTED SPEED LIMIT ON DRIVER SPEED BEHAVIOURS Tony Radalj Main Roads Western Australia ABSTRACT Two speed surveys were conducted on nineteen

More information

PROFESSIONAL SERVICE CENTER PROGRAM

PROFESSIONAL SERVICE CENTER PROGRAM PROFESSIONAL SERVICE CENTER PROGRAM YOUR COMPETITIVE ADVANTAGE The Certified Auto Repair program is a nationwide network of independently-owned repair facilities. It is designed to help shop owners grow

More information

according to Annex 30A of the Regulation no. 1/2006 with subsequent amendments regarding the issuers and securities operations

according to Annex 30A of the Regulation no. 1/2006 with subsequent amendments regarding the issuers and securities operations Quarterly Report on March 31 st, 2016 according to Annex 30A of the Regulation no. 1/2006 with subsequent amendments regarding the issuers and securities operations Date of report: March 31 st, 2016 Company's

More information

Biofuel issues in the new legislation on the promotion of renewable energy. Energy and Transport Directorate-General, European Commission

Biofuel issues in the new legislation on the promotion of renewable energy. Energy and Transport Directorate-General, European Commission Biofuel issues in the new legislation on the promotion of renewable energy Public consultation exercise, April May 2007 Energy and Transport Directorate-General, European Commission April 2007 This document

More information

Making electricity billing fair

Making electricity billing fair Making electricity billing fair How Alberta s billing system disadvantages small solar generators by Barend Dronkers and Sara Hastings-Simon June 2017 Summary The rules in Alberta governing the billing

More information

Annual Press Conference

Annual Press Conference Annual Press Conference Stuttgart, 16 December 2016 Prof. Dr. Michael Kaschke President & Chief Executive Officer Thomas Spitzenpfeil Chief Financial Officer ZEISS Group, 2015/16 Annual Press Conference

More information

Record CY 2016 EPS-diluted-adjusted of $6.12, an increase of $1.10 Y-O-Y. Q EPS-diluted-adjusted of $1.28, a decrease of $0.11 Y-O-Y.

Record CY 2016 EPS-diluted-adjusted of $6.12, an increase of $1.10 Y-O-Y. Q EPS-diluted-adjusted of $1.28, a decrease of $0.11 Y-O-Y. 1 2 3 Q4 2016 global deliveries up 0.1 million units year-over-year (Y-O-Y), a 3.3% increase. Volume gains primarily in North America and China, offset by reductions in International Operations (excluding

More information

FY2/16(March 2015~February 2016)

FY2/16(March 2015~February 2016) FY2/16(March 2015~February 2016) 1. Trends in the current fiscal year and the previous fiscal year 3. Business overview (1) Peformance overview P.1 (1) No. of students at the end of month P.7 (2) Cost

More information

QMSC F9.3 SIV Registration Information Pack 31 May 2013 V1 Page 1 of 5

QMSC F9.3 SIV Registration Information Pack 31 May 2013 V1 Page 1 of 5 1. QMSC - Concessional Club Registration The Queensland Department of Transport and Main Roads Special Interest Vehicle (SIV) registration is a concessional registration scheme for registered operators

More information

Press Information. Clear course of cooperation

Press Information. Clear course of cooperation Press Information Date: October 26, 2011 Roto has strong position in the Sales Area North-Eastern Europe / Success through performance / Polish window market transformed / PVC replacing timber / High export

More information

History of Subway in Kyoto

History of Subway in Kyoto TO: Board Members FROM: Yasuyo Tsukamoto DATE: May 6, 2016 SUBJECT: Alternative Plan to Increasing Fares in Kyoto City I am strongly against the idea that the (KMTB) increase the subway fare. Although

More information

Bus The Case for the Bus

Bus The Case for the Bus Bus 2020 The Case for the Bus Bus 2020 The Case for the Bus Introduction by Claire Haigh I am sure we are all pleased that the economy is on the mend. The challenge now is to make sure people, young and

More information

Who prices petrol? Why petrol costs are not a corporate conspiracy. Formula for success: rise early, work hard, strike oil

Who prices petrol? Why petrol costs are not a corporate conspiracy. Formula for success: rise early, work hard, strike oil I n s T i t u t e o f P u b l i c A f f a i r s March 2008 www.ipa.org.au Vol 47. Number 1 Who prices petrol? Why petrol costs are not a corporate conspiracy No retail product draws as much scrutiny as

More information

Feed in Tariffs. What is the feed-in tariff? Guaranteed for 25 years - by the UK Government. How do I claim the feed-in tariff?

Feed in Tariffs. What is the feed-in tariff? Guaranteed for 25 years - by the UK Government. How do I claim the feed-in tariff? Feed in Tariffs. What is the feed-in tariff? Feed-in tariffs are payments made to homeowners and businesses for the renewable electricity they generate. Prior to April 2010 the main source of grants for

More information