date:Apr 02, 2014
reakdown of results:
consolidated gross margin amounted to 196 million, up 11.6% from 2012, outpacing growth in sales reflecting a favourable shift in the product mix and in particular increase contributions from Toll manufacturing. As a percentage of sales, the gross margin improved on that basis by 2.6 points to 61.1%.
Staff costs rose (+18.5%) in response to the full year integration of companies acquired in 2012 (DBS - United States and Valentine - India), the imp