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"The company experienced particularly challenging trading conditions in 2010 with raw material costs rising significantly.
But Oddy added: "It's been a challenging trading environment since the turn of the year.
It said it expected another successful year despite challenging trading conditions following the emergency budget.
New Look has revealed plans to step up expansion in China, Russia, Poland and Germany despite "challenging trading" at home.
Todd Stitzer, Cadbury's chief executive, said: "We made good progress in the first half in challenging trading conditions.
Trader Media Group (TMG) – joint venture Despite challenging trading conditions, TMG finished 2008/09 in a position of strength.
Similar(17)
Religious sermons used to be more challenging; trade unions less selfish; schools, untroubled.
"In such circumstances [Brexit], the MPC would face a challenging trade-off between stabilising inflation on the one hand, and stabilising output and employment on the other.
They have learned that full-blown metastasis is an extremely challenging trade, and that the great majority of cancer cells are not up to the task.
However, the type of variability analysis to be employed is still a topic of discussion due to the challenging trade-off between accuracy and efficiency of the yield analysis.
An example of a challenging trade-off would be when co-morbidity increases severity but declines expected treatment utility.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com