In some instances this can result in the dealer selling fuel below cost effective margin
, which is unsustainable and on the long run will result in outlets being closed down to the detriment of the customer who may have to drive a long way to find the next open service station," he said.
Gross profit was up by three percent on account of better volumes in polyester business and effective margin
Net income increased nearly 120% year-over-year, fuelled by our extensive terminal network, effective margin
management, a favourable forward-product pricing environment and our continuing initiatives to help mitigate the effects of commodity price volatility in our business.
Across Europe the priority for coatings producers and their chemical suppliers is effective margin
management so that the problems of decreasing sales and the necessity to make up for earlier rises in raw material costs do not cause drastic falls in profitability.
The profit improvement once again was driven by greater synergies, effective margin
management and cost controls at most of the six U.