Sentences with phrase «cent margin business»

Smolik pointed out that DHL is an eight - per - cent margin business — in order for him to have $ 1 to spend in legal, the sales people have to sell $ 30 worth of DHL services.

Not exact matches

Given the average professional service business runs on profit margins of around 10 percent, having clients not pay you for 100 days means you're eating up every cent of profit for a year worth of hard work to cover their bad behavior.

The conclusions there are that the watch business is big, generating about $ 60 billion a year, and that margins on them are good too, at about 60 per cent.

Proposed changes to passive investment rules are seen as unfair by a margin of more than two - to - one over small business owners who think it is fair (55 per cent versus 22 per cent).

According to Laurentian Bank analyst Mona Nazir, the hotel business is expected to eventually rival its air and leisure business in terms earnings before interest, taxes, depreciation and amortization (EBITDA), though with significantly better margins of 25 per cent, as compared to Transat's margin of 3 per cent.

While the average indicator rate on large business variable - rate loans, at 8.0 per cent, is now higher than the corresponding rate for small businesses, the all - up borrowing cost to large business remains lower than for small businesses since customer risk margins for the former are, on average, finer than those for the latter.

In 2016, Mr Neal announced the insurer would hike prices after it's insurance margins in its Australia and New Zealand business fell from 14.8 per cent in the first half of 2015 to 8.9 per cent in the first half of 2016.

The higher - margin strategy is part of the reason why Mr Clarke said Treasury wasn't really interested in buying the $ 1 billion - plus Accolade Wines business now destined for an ASX listing in early 2017 under 80 per cent owner CHAMP Private Equity.

He said the broader target of getting towards 30 per cent profit margins for the whole business would depend on how hard Treasury drove internal shifts where it heavily invests behind the higher - end brands that are much more profitable.

Accolade is still 20 per cent owned by New York Stock Exchange - listed Constellation Brands which bought the entire wine business for $ 1.9 billion in 2003 when it was known as BRL Hardy, and then sold down most of its stake in 2011 for a much lower multiple after a sustained slump in profits as the high Australian dollar hit profit margins on exports.

Three years ago, profit margins in Treasury's Asian business were 38.8 per cent in its maiden full - year results after it demerged from Foster's, although Mr Clarke explained that figure was skewed somewhat because Treasury had little infrastructure on the ground in China then.

However, the company said the financial performance of its Australian ingredients business - the gross margin of which dived 25 per cent to $ NZ9 million - is «still not satisfactory».

Mr Clarke also revealed at the strategic briefing that Treasury was still considering a potential de-merger of its lower - priced commercial wine business among a range of future options, which also includes more acquisitions of higher - end wine companies as it heads towards its goal of having profit margins above 30 per cent across the entire business.

In Lion's dairy and drinks division, volumes fell 17.4 per cent on top of a 7.3 per cent decline the previous year, dragged down by the sale of Lion's low - margin everyday cheese business in May and the loss of private label milk contracts with Coles and Woolworths in 2014.

A BOOMING business selling hot pies and other ready - to - go meals to petrol station and convenience stores was not enough to counter a shift by supermarket shoppers to lower - priced packaged desserts, reducing margins for Patties Foods during the half and cutting interim profit by 16.5 per cent.

The business's margins continue to slide, now down to 3.8 per cent.

Sony has cut the predicted profit margins on its PlayStation business for the year to March 2015 by six per cent.

«The professional division... saw strong subscription revenues in its large legal business, WestLaw, but further declines in its high - margin print products, dragging operating profits in legal down 6 per cent.