7431--2/26/2009--ARMSTRONG_WORLD_INDUSTRIES

related topics

{product, market, service}

{cost, regulation, environmental}

{operation, international, foreign}

{customer, product, revenue}

{debt, indebtedness, cash}

We require a significant amount of liquidity to fund our operations. Our markets are highly competitive. Competition can reduce demand for our products or cause us to lower prices. Failure to compete effectively by meeting consumer preferences and maintaining market share would adversely affect our results. If the availability of raw materials and energy decreases, or the costs increase, and we are unable to pass along increased costs, our operating results could be adversely affected. Reduction in sales to key customers could have a material adverse effect on our revenues and profits. Changes in the political, regulatory and business environments of our international markets, including changes in trade regulations and currency exchange fluctuations, could have an adverse effect on our business.

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7431--2/26/2009--ARMSTRONG_WORLD_INDUSTRIES_INC