The company said cost savings and price rises partly offset lower sales volumes.

The company said higher prices helped to offset lower volume during the quarter.

This has helped offset lower job growth, the traditional apartment demand growth generator.

Lofty prices helped offset lower volumes to lift core profit up 44 percent.

Stronger contributions from infrastructure and ports more than offset lower contributions from energy.

Higher domestic demand should offset lower exports, the group said.

Progress in Asia helped to offset lower profit from its British asset management arm M&G.

It also had to cut prices in the US to offset lower green tax credits.

Higher gas prices offset lower production, Petroceltic said.

That more than offset lower than expected GST.

Technology advancements and lower costs for its main raw material, polysilicon, will help offset lower selling prices.

Leasing activity helped offset lower sales commissions.

The finance ministry said on Monday the fund could be used to offset lower oil revenues if necessary.

Sala pointed to improving results in Italy where higher income from Lotto almost fully offset lower instant-ticket sales.

Petrobras was able to partially offset lower internal consumption in Brazil with higher appetite for its fuels internationally.

The boom in tourism has underpinned a surplus in the balance of payments and offset lower export earnings.