Analyst Research Report Snapshot

Title:

MASTRAD - FIXED-COST OPPORTUNITY

Price:

$10.00

Provider:

Edison Investment Research

Date:

18 Jun 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

ALMAS.PA

Available for Immediate Download
Summary:

Poor cost control in 2012 meant that revenues (+19%) translated to operating profit falling 6% and net income falling 23% to €1m. However, with high double-digit top-line growth and operational gearing of nearly 12x, if fixed costs could be better controlled, this net income decline would quickly turn into strong growth.

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