Wilson Learning Worldwide (9610) · InitiativeDropped
Cost reductions in response to declining sales in Australia
First written in FY2017-Q2. 2 of 3 entries say "Dropped", first in FY2017-Q3. Latest entry: FY2018-Q2.
3entries
2years
0from disclosures
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Cost reductions in response to declining Australian salesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2018-Q2DroppedAnnual report
「Selling, general and administrative expenses increased, including due to the hiring of new sales representatives in Australia and India, resulting in an operating loss.」
No cost reductions in response to declining sales in Australia were mentioned, while higher selling, general and administrative expenses due to the hiring of sales representatives in Australia and India were noted. - FY2017-Q3DroppedAnnual report
「Revenue increased in India, including through the return of former customers, but declined in Australia and other markets.」
The decline in revenue in Australia and other markets is mentioned, but the previous reference to cost-reduction measures in response to declining sales has been removed. - FY2017-Q2First statedAnnual report
「In Australia, sales to a major customer declined. Despite efforts to reduce costs, both revenue and operating profit declined.」
Cost reductions were undertaken in response to declining sales to major customers.