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The ability to pass through cost increases varied.
"However, this recovery is being produced through cost savings boosting margins, not higher sales.
"Companies have done a phenomenal job at increasing profit margins through cost cutting.
"You can only manage through cost cuts for a short period of time," Mr. Gaspin said.
Through cost cutting, spurred by breakthrough talks with companies that supplied ingredients to the drug makers, the team got deals.
Montgomery, the executive chairman, said the company had recouped at least half of the Danish advertising slump through cost cutting.
Similar(25)
Half the turnaround will be accomplished through cost-cutting, NTT said.
Through cost-cutting, Lucent said it still hoped to return to profitability next year.
"As companies go through cost-cutting measures, it's an expense that is harder to justify".
Alcoa posted a surprise profit Wednesday through cost-cutting and higher aluminum prices after three consecutive quarterly losses.
Glaxo exceeded analysts' expectations by almost doubling the sales of Advair, and by improving profit margins through cost-cutting.
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CEO of Professional Science Editing for Scientists @ prosciediting.com