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Geopolitical danger also persists as tensions rise in the center East and Libya's biggest oilfield continues to be shut down.
Fourth quarter working income of $163 million improved 126 p.c. Effects benefited from larger Web offering prices, favorable product or service blend and value price savings. The comparison was impacted by input Price tag inflation, reduced volumes as well as unfavorable international forex effects.
These non-GAAP fiscal actions exclude the following items for the relevant time durations as indicated from the accompanying non-GAAP reconciliations on the similar GAAP monetary steps: