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Shell chief executive Peter Voser said the figures showed "progress in a difficult industry environment".
"In what is clearly a difficult industry environment, we continue to take steps to further improve competitive performance by redoubling our efforts to drive a sharper focus on the bottom line in Shell".
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"It was a very solid performance in a very difficult industry and operating environment," said Kevin McCarthy, an analyst with Credit Suisse First Boston.
Industrial ecology is sometimes referred to as the science of sustainability, but unlike mature sciences, it has yet to establish reliable modes of inquiry or a uniform framework for dialogue partly because sustainability is difficult to characterize, and partly because industry–environment interactions are difficult to model quantitatively.
Hospitality is a notoriously difficult industry.
I am doing basic research in an industry environment".
It is a difficult industry to make it in.
"They've taken over in difficult industries.
The figure is especially impressive considering the intense competition in the mobile-phone industry, and the difficult consumer environment.
Kelly conceded that the dramatic fall-off in demand for business travel precipitated by the recession made this perhaps the most difficult revenue environment the airline industry has ever faced.
Commenting on his companys surprising fourth-quarter beat, Southwest Chief Executive Gary C. Kelly Gary C. Kelly conceded that last years dramatic falloff in demand for business travel, precipitated by the recession, made this perhaps the most difficult revenue environment the airline industry has ever faced.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com