Ann: EGL Update-EGL.AX, page-5

Hard to figure the extent of the improvement in 3Q given that comparative figures weren't given.

what isn't hard to see is the great enthusiasm and positivity that MD Ellis Richardson exhibits in this all too rare statement from the company. indeed. market moving statements from EGL are rare as rocking horse....(will the reader please complete the sentence.)

i don't have immediate access to last year's numbers but from my somewhat damaged memory, if this quarterly figure is annualized or replicated across all quarters, EGL is facing a huge rise in revenue.

a lift in sales is one thing, it will be fascinating to see if this has been achieved at the expense of margins, or if EGL is buying market share in this competitive sector. we'll see.

whatever, congrats to board and management for achieving what on the surface appears to be a sharp expansion of the business.

given the rapid deterioration in the global environment, i'd expect further sales increases in coming quarters.