1.   Market conditions are likely to depress earnings in the next quarter.

2.   Smart investors quickly accommodated to the new market conditions.

3.   In addition we were forced to reduce the total workforce by almost a third during the course of the year due to market conditions.

4.   When market conditions improve our businesses in France and Spain will provide excellent footholds to the larger European market.

5.   The exploration industry itself took on staff at an increased rate, and the market conditions for employment obliged the universities to undertake the training required.

6.   DESPITE increasingly difficult market conditions continues its battle against the recession -- improving efficiency and increasing productivity.

7.   A number of factors combined to give rise to these market conditions.

8.   Premier Fabrics, the marriage of the two specialist weaving activities of British Replin and Robert Noble into one integrated business, also faced troubled market conditions.

9.   We are constantly aware of changing market conditions and the need to continually update our marketing plans.

10.   This is in line with the tougher market conditions we are experiencing and like the hard hit retail sector, the contract and hospitality business has also been squeezed.