Adjusted gross margin fell by 3 percentage points to 33.8 % of sales and
operating margin dropped to 17.4 % of sales from 18.8 % a year ago.
Not exact matches
However, that sudden
drop can shock miners that
operate with low profit
margins.
However the
operating margin has deteriorated,
dropping from 18.3 % in 2014 to 13.0 % in 2016.
Preliminary results for 2012 suggest that total assets shrank slightly to 10.1 billion forints ($ 43 million), while
operating profits
dropped by 6 % as a result of lower interest income caused by narrowing
margins and the early repayment of foreign currency mortgages.
A series of charts showing RIM's
drops in revenue,
operating margins, and shipments over the past years.
Fortunately, I did consider some stress - testing in my analysis — noting Saga was a financially strong company, it had produced an average adjusted
operating margin (inc. financial income) of 24.2 % over a 7 year cycle, its adjusted
operating margin barely turned negative (1.4 %) in 2009 (despite a 39 %
drop in sales), and the company's actually been around for 75 years plus!
The firm's
operating profit
margins dropped from 36 % to 24 %, with the firm citing its move to new City headquarters at Moorgate as the main reason for the declining figure.
The firm's
operating profit
margins dropped from 36 % to 24 %, with the firm citing its move to new City headquarters at Bunhill Row as the main reason for the declining figure.
However, that sudden
drop can shock miners that
operate with low profit
margins.