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Independent pension consultant John Ralfe said: "Closing the defined benefit pension scheme to all members is an easy way for the new Tesco management to save around £250m a year, boosting operating profit by 10%.
The group believes that sizable, recurring one-time charges raise a red flag that a company may be boosting operating income by loading ongoing costs into these writeoffs.
Dormann said he would speed up the sale of non-core assets and reiterated the group's target of boosting operating margins by 4% to 5% this year.
And according to Sherin, the company's ongoing digitization efforts for ordering and manufacturing netted the company $400 million in pretax income in the first quarter, compared with $200 million for 2001, boosting operating margins to 18.2%.
In a down economy and a dreadful ad market, News Corp. Chief Executive Rupert Murdoch Rupert Murdoch blew Wall Street's estimates away, boosting operating income 51% year over year.
Toyota has set enormously ambitious goals for the next three years, including opening several new plants, hiring thousand of new engineers, investing in other automotive companies, dramatically reducing the cost of hybrid vehicles and simultaneously boosting operating margins and production figures.
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Wolfgang Bernhard, brought in from Mercedes last year to run the VW brand, pledged to boost operating profits to €7 billion by 2008.
It shows that costs have been cut by £30m, a 13.9% reduction since the beginning of the year, which has helped to boost operating profits by 7.8%.
A sixth-placed Premier League finish generated a greater increase in broadcast revenue and gate receipts which helped boost operating profit before player trading was taken into consideration.
Over the long term, that should have no impact on the company's cash flow, but in the accounts it could boost operating profit in the short term.
Michael O'Leary, the boss of Ryanair, is considering using the online service to screen live TV on seat-back screens, paid for by passengers swiping their credit cards.But the real clincher for airlines is that the satellite link can also boost operating efficiency.
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