Business English 1: annual report summary

Overview/Introduction

2018 was a year of __________ results and challenges.

Overview/Introduction

The last year has __________ the company making tough decisions.

Reasons

The problems were __________ the strength of dollar.

Reasons

This was largely __________ our entry into the Asian market.

Positive aspects

After a __________ recovery over two quarters, we achieved good results.

Positive aspects

We were able to __________ our annual dividend by 2%.

Negative aspects

Sales __________ by 5% in the second quarter.

Negative aspects

We __________ sales of $128 million, down 5% on the previous year.

Future outlook

This gives us __________ to be optimistic.

Future outlook

The __________ for the coming year looks promising.