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this post was submitted on 18 May 2025
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Can you show where you're getting the information that margins have gone up? Only references to margins there indicate that they've been stable
The devil is in the details. Read what the report does NOT say. If dividends increase, profit has gone up. The profit goes up, because the margins have gone up. Volume has not increased as much as the profit..
'Absolute sales grew 4%', but 'Adjusted EPS grew by 9.3%'. The earnings per share (profit) grew twice the rate of absolute sales.