C Complete this extract from a company report with appropriate words or phrases from the box in Exercise B.

Financial performance I am pleased to say the parent company(1) has continued its excellent performance. We are changing, growing and doing well at a difficult time for the industry............. (2)was €57.2 million - an increase of 15% on last year, and ........... (3)rose by 5% to €6.4 million. We are a highly competitive business. We have increased our............ (4) to 20%. Consequently, our........... (5) has risen and is now at an all-time high or €9.6. Increased production and strong demand have had a positive effect on our cash now, so we are able to finance a number of new projects. We have successfully moved to our new. .. . . . . . . . .. (6)in central London. We are now planning to start full production at the recently opened Spanish. .. . .. .. . . . . (7) in October. Finally, thanks once again to our loyal and dedicated............. (8) Our employees willalways be our most valuable asset.

E Now talk in the same way about your own company or one you know well.

Which other companies in your country are doing well or not doing well at the moment?

CD1.18 Listen to the first part of an interview with Susan Barratt, the Chief

Executive Officer of Nature's Way Foods, and correct the six mistakes in this

Paragraph

Nature's Way Foods is a drinks-manufacturing company based on the east coast of Ireland. They put chilled product, the majority of which is milk and cheese, into various types of packaging for the major retailers and various food-service companies in Ireland.

CD1.19 Listen to the second part, where Susan talks about the reasons for the company's success, and complete these notes with one word in each gap.

First reason for success: the . . . . . . . . . . . .

• Health - desire to eat healthy. . . . . . . . .. . .

• Convenience - . . . . . . . . . . . . -poor

• Sustainability- low level of food . . . . . . . . . . .

• Indulgence - diet Monday to Friday, but have several pieces of cake on Friday night

Second reason for success: the way they . . . . . . . . . . . . the business

• High-. . . . . . . . . . . . business

• Produce hundreds of . . . . . . . . . . . . of units

• Need to be very . . . . . . . . . . . . in the way they produce them

• Invested heavily in . . . . . . . . . . . . and processes

CD1.20 Listen to the third part and answer these questions.

1 What two things has Susan enjoyed the most when running a company?

2 What does she not enjoy about running a company?

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