SDI 2.43% $1.06 sdi limited

increased profits from recent currency movements

  1. 2,075 Posts.
    recent currency movements, in particular the AUD / EUR - an all most 10% drop over the last couple of months , should lift profits for the last bit of the financial year .

    from my memory sales to the Australian market is more like 10%, and Europe a larger percentage than US.

    so if these new world currency relationships (created by china) remain profits from Europe (our largest sales zone) should remain strong.

    gk.
 
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