Leverage: the driver of margin
- Global, South Africa
- Financial leverage, Leverage, Margin, Operating leverage
- October 27, 2020
Have you ever read a results announcement and wondered how revenue can grow by perhaps 7%, yet profit before tax somehow grows by 20%? It seems like an innocuous question, yet the answer holds the key to why many companies are successful and others fail. Top-line growth (i.e. revenue growth) is obviously important, but as revenue growth starts to reach …
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