Ann: NTC FY 2010 Guidance Update , page-5

I do not see this as cost cutting, the business is generally running on a relatively low operational cost base. I would suggest it is a combination of better margin on sales and possibly an improved currency effect. All of the international sales will be in USD.
This is good news and quite an improvement on the H1 picture last November.
I agree with Reaper 11 this is a better result than the guidance given last month.