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To: oblomov

The maker of diggers and dozers’ direct exposure to the sector is equal to about $6.5 billion, or 12% of revenue, while its indirect exposure may be as much as 15% of revenues, analysts wrote in a note. That means almost 30% of its total revenue is facing pressure in 2015 and 2016.

Has the dollar risen that much?

https://www.google.com/finance?q=eurusd&ei=4Yq6VOHUA4q_8waPjYDYCg

https://www.google.com/finance?q=jpyusd&ei=RYu6VIiFNYfj8wahi4CgAQ


50 posted on 01/17/2015 8:18:08 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

The company said that “30% of its revenue is facing pressure”

That does not mean that all 30% of the revenue is at risk.

The 25% rise in the USD is a reduction of the ex-US topline (unless they hedge their exposure, which they probably do not).


55 posted on 01/17/2015 8:37:42 AM PST by oblomov
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