So in net terms, with 0.7% growth in sales, their sales actually declined by at least 3-5%. Given the increase in costs across the board in purchasing, you’d assume those increases have at least partially been passed along to the end users?
Then you factor in all these new revenue streams, tool hire, rewards programs, there seems to only one way they are growing, and that is through acquisitions.
This would imply to me that they are losing market share even though a lot of their bigger competitors are somewhat on the nose in the local market.
I’d be curious, not they’d ever truly release it if they had it, where they see growth potential and where they are expecting the growth to come from.
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