Naturally, they do not have the same operational leverage that you might find in high - cost gold miners. (etfbase.com)
Operating and general administrative expenses lagged sales growth, leading to margin expansion and operating income rising 32.3 % (operational leverage at its best). (marketwatch.com)
Total operational leverage in China is elevated further as factories are built to accommodate a future demand, and since it has been rising in the past automatically projected to climb in the future. (investmentinsight.blogspot.ru)