Early 2006 is likely to see a continuation of these factors, and while the headwind of an eventual "normalization" of credit quality and capital market conditions will inevitably crimp future profit growth, interest rate rises in the Eurozone may benefit margins.
Although the result implies a benefit in power from a single site, as expected, the gain overall seems small, especially if one considers that the other participating sites in this study have smaller benefit margins since they show greater variability than the 'best' single site.
The means-testing of age pension programs allows governments to control the receipt of pension benefits (extensive margin) and the benefit level (intensive margin).
The benefit on margin will be limited but it will help their top-line growth and investor sentiment," he said.
The bank said: We believe Royal Mail should benefit from margin improvements, as the restructuring gathers pace, and from the potential disposal of the London real estate (which we value at 80p a share).
Quantification of the potential dosimetric benefit from margin reductions with CBCT online correction in NPC would be helpful to evaluate the value of CBCT.
However, while the next deal may still not be imminent, our sector analysis highlights the benefits of margin improvement in a slow-growth environment.
Meta-analysis of surgical series showed no further benefit from margins beyond 'no ink on invasive tumor or DCincludinguding patients with lobular histology, extensive intraductal component, young age, or unfavorable biological subtype.
However, this data set used archival specimens, a subset of which did not have clear margins (as they were treated before the benefit of clear margins was proven) therefore, margin status was included in the multivariate analysis of the results.
It has high sales densities, scale benefits, high margins, an element of vertical integration with its UK factories, and a very flexible cost base.
There is also one benefit, on the margin, to being liable for the A.M.T.
