aumy 1 whenever or a year ago. Andrew Tragnes, Cros ammaा,KKizanticipa a speedy recovery, because of the company's focus on customer satisfaction. His optimism is not shared by analysts, though, who point out that the new outlets are simply taking customers from existing cafés, with the result that, contrary to Crofts' confident forecast when the plans were initially unveiled,income is static and same-store sales have been falling all year.
A. Paragraph A
B. Paragraph B C. Paragraph C
D. Paragraph D
E. Paragraph E
E. Downing Energy
Downing Energy is to spin off its subsidiary Forthland Resources and adopt a new holding company structure. At the same time, it will take the name Forthland Energy. Carol Mortimer, Downing's CEO, said that splitting the companies will mean each being able to focus on what it does best. Both are already in discussions with their banks about extending their credit facilities - essential if they are to survive their present difficulties. The announcement led to a small rally in Downing's share price, reversing the steady decline of recent days.
1. This company's strategy has not yet led to the expected increase in turnover.
2. This company is seeking external funding to fulfill its current needs.
3. This company's name remains unchanged despite a change in the company
structure.4. The price of shares in this company has begun to rise.
5. This company claims that external factors have caused a decrease in its sales.
6. This company is thought likely to lose its independence to a competitor.7.Analysts disagree with this company's predictions regarding its share price.
8. This company is taking steps to reduce its expenditure.
Number(1,2,3...)
Letter (A, B, ACD....)
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