RWC 1.23% $5.77 reliance worldwide corporation limited

News: RWC Reliance Worldwide Corporation Reports FY Net Profit After Tax Rose 111% To A$188.2 Mln, page-3

  1. 16,952 Posts.
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    25% increase in constant currency sales.

    Even if price contributed to 5% of that jump, it still means that volumes would have been 20% higher.

    I't easy for us armchair observers to read that number and say, "Oh, yes; that's nice" but I don't think people actually realise just how hard it is to move 20% more units (or whatever the exact increase was...if not 20% it was sure to be a big number) in a single period compared to a similar previous period.

    Getting the raw materials, the manufacturing scheduling, the WiP management, the destpatching, the global logistics, the invoicing, the collections.... getting all those things right is really difficult to do.

    So kudos the the managers of RWC.

    .
 
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