MLA medical australia limited

re: Ann: MLA reports record first quarter per... A record...

  1. 8,256 Posts.
    re: Ann: MLA reports record first quarter per... A record quarterly profit announcement.

    So why would this news not be considered price sensitive???????????

    Are they trying to peg back the price?

    "
    MLA?s Chief Executive Officer Mark Donnison said MLA?s improving financial and operational performance
    is encouraging and the trend in earnings and margin growth is expected to continue. ?This is a pleasing
    start to the year and while the financial performance is gratifying, we are only at the very early stages of
    our growth.
    ?MLA is now starting to see the first stage benefits of the investment in our global supply chain ? the end
    result being that we can now supply our customers, both new and existing, with product in a timely and
    cost effective manner.
    ?The benefits we are gaining from our global supply chain investment are expected to result in further
    margin improvement and sales growth as we continue to penetrate new international markets and
    commercialise new products that are in the pipeline. This has been a critical development for the company
    and a key platform for continued organic growth.
    ?

 
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