SLI’s results reflect the business’s transitional status. Substantial savings were made to sales and marketing expenditure, which underpinned the company’s first year of profitability. We continue to forecast margin compression in the near term as the business begins its transition to an indirect sales model. Successful implementation of this shift remains the critical determinant of the business’s prospects.
12 Sep 2018
SLI Systems - Cost savings underpin PBT turnaround
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SLI Systems - Cost savings underpin PBT turnaround
Sli Systems (SLI:NZE) | 0 0 0.0% | Mkt Cap: 13.4m
- Published:
12 Sep 2018 -
Author:
Alasdair Young -
Pages:
5
SLI’s results reflect the business’s transitional status. Substantial savings were made to sales and marketing expenditure, which underpinned the company’s first year of profitability. We continue to forecast margin compression in the near term as the business begins its transition to an indirect sales model. Successful implementation of this shift remains the critical determinant of the business’s prospects.