last year was better then this year. If we begin by looking at annual turnover , it was around$40m last year, while this year it's $32m.
That means in...... we're ........ on last year. Luckily,the management team realized it would be a difficult year and every department was told to vontrol its costs. Our ..... for example, was cut saved us a lot of money, but it meant that the workload of the remaining people........ . One thing that was very difficult to control this year was the cost of energy: oil prices moved up and down.........of $70 to $120 a barrel. Luckily our raw meterial costs stayed more ot less the same. Because of our succes in controlling costs we did still manage to make a small profit this year. The ................ will probably be around $2m- not too bad but it's a ............. compared to lasy year. Looking ahead to next year, but business environment continues to be difficlt. And er have a new challenge-inflation is now..... .