Archive for December, 2009
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Reviewed Interim Results For The Six Months Ended 30 September 2009
- Revenue down 27%
- Operating profit down 69%
- Headline earnings down 62%
Gross margin reduced to 8.7% from 11.3% in the comparative period mainly due to the competitiveness experienced in the pricing explained above. The group has adopted a retention of volumes policy and margins will therefore remain under pressure for the next twelve months. This [...]