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The fixed costs that are operating costs ( such as depreciation or rentcreateoperating leverage
the presence of fixed costs(passive) is created byOperating leverage
large fixed costs(passive) is caused byOperating leverage
Business scale meanscreateoperating leverage
Operating fixed costs such as depreciation or rentcreateoperating leverage
when fixed costs have been met and additional revenues " flow through " to the net income line(passive) is createdOperating leverage
spreading fixed costs over an expanding revenue base(passive) created bythe operating leverage
the high fixed costs ( such as mines , railways and ports(passive) caused bythe operating leverage
Fixed operating costs , such as general administrative overhead expenses , contractual employees ’ salaries , and mortgage or lease paymentscreateoperating leverage
the ability of our investment in current initiatives and new products to drive long - term value for our shareholders , management of expensesto createoperating leverage
strong volume growth(passive) led byoperating leverage
Fixed operating costs such as depreciation and rentcreateoperating leverage
Technology allowsto createoperating leverage
sales growth ... partially offset by opportunistic demand creation spend and higher incentive comp(passive) was created byOperating leverage
our growth in productionis creatingoperating leverage
three divisions ... a simplified ` One Shire ' organizationto createoperating leverage
our approach is continuingto createoperating leverage
integrating three divisions into a simplified ' One Shire ' organizationto createoperating leverage
Because both of these businesses are largely fixed and semi - fixed cost businesses , they really require some amount of revenue growthto createoperating leverage
an increasing recurring service revenue base and largely fixed - cost business model(passive) created bythe operating leverage
Anticipating Double Digit Non GAAP Earnings Growth in 2013simplified ' One Shire ' organizationto createoperating leverage driv
the increased scale of the Company(passive) created bythe operating leverage
Growth in subscriber numberstriggeredoperating leverage
our balanced growth strategy(passive) created bythe operating leverage
The business managed costs wellcreatingoperating leverage
to lower expenses in the mortgage businessto createoperational leverage
an increasing recurring service revenue base and largely fixed – cost infrastructure(passive) created bythe operating leverage
Structurally , the Company has many leversto createoperating leverage
Strong 2018 performance across the firmcreatedoperating leverage
the growth metrics ... our continuing expense disciplinecreatesoperational leverage
all three business units in this kind of dynamic ... ableto createoperating leverage
all 3 business units in this kind of dynamic ... ableto createoperating leverage
Revenue growth in excess of operating cost growthcreatesoperating leverage
for banks to keep expense growth lower than revenuescreatingoperating leverage
working closely with the Group Vice President across businessesto createoperational leverage
Our focus on operating efficiencies , including our Avnet Advantage initiativecontributedtoward operating leverage
volume increases and realize benefits from our improvement initiatives(passive) created bythe operating leverage
both our rapid organic growth and our effective investments , acquisitions and integrations(passive) has been created bythe operating leverage
decelerating expense growth from 9.5 % in FY2018 to 7 % in FY2019thus creatingoperational leverage
ramping into 2014.2014 revenue growth dependent on 2013 execution.28IncrementalOpportunitiesCreatingOperating Leverage
operating risk ’ or ‘ business risk ’ in a firmcreatesoperating risk ’ or ‘ business risk ’ in a firm
to a firm ’s business risk and conduct a breakeven analysis , complete with a breakeven chartcontributesto a firm ’s business risk and conduct a breakeven analysis , complete with a breakeven chart
some margin expansion in the coming yearscould causesome margin expansion in the coming years
modest margin expansion ( 60bps p.a(passive) largely led bymodest margin expansion ( 60bps p.a
a modest margin expansion going ahead ,(passive) led bya modest margin expansion going ahead ,
Further room for margin expansion(passive) led byFurther room for margin expansion
to margin expansion as wellcould leadto margin expansion as well
in its business over the last several yearshas createdin its business over the last several years
from higher volume and the acquisition of Guascorresultingfrom higher volume and the acquisition of Guascor
to margin expansion as revenues increaseshould leadto margin expansion as revenues increase
enable that constant increase in our margins've createdenable that constant increase in our margins
the risk of insurersinfluencesthe risk of insurers
to the risk exposure of the firmcontributesto the risk exposure of the firm
from higher recurring revenuecreatedfrom higher recurring revenue
from a lower cost structurecreatedfrom a lower cost structure
to a strong margin expansion in the business ... margin expansionhas ledto a strong margin expansion in the business ... margin expansion
the top half of the income statement and operating incomeinfluencesthe top half of the income statement and operating income
to an increase in operating marginswill leadto an increase in operating margins
improvement in operating margin(passive) led byimprovement in operating margin
to a strong margin expansion in the business ( +170-BPS margin expansionhas ledto a strong margin expansion in the business ( +170-BPS margin expansion
from higher sales volumeresultingfrom higher sales volume
from higher sales in both regionsresultingfrom higher sales in both regions
to the majority of the margin improvementcontributedto the majority of the margin improvement
significant on systematic risk ( betainfluencesignificant on systematic risk ( beta
a break EBITDA margin improved by 280bps cheap adidas YoY to 11.8 %(passive) led bya break EBITDA margin improved by 280bps cheap adidas YoY to 11.8 %
from the increase in revenueresultingfrom the increase in revenue
to gross margin expansion and ultimately significant operating profit growth and operating margin expansionledto gross margin expansion and ultimately significant operating profit growth and operating margin expansion
in an increase in our operating margin of 120 basis pointsresultingin an increase in our operating margin of 120 basis points
from the growth of the businessresultingfrom the growth of the business
seeds business(passive) led byseeds business
in our business segmentshave createdin our business segments
in our business modelhave createdin our business model
to a drop in marginsleadingto a drop in margins
in operating profit margin improvementsresultingin operating profit margin improvements
in EBITDA margin increase to 22 % from 16 % in 2018resultingin EBITDA margin increase to 22 % from 16 % in 2018
cheap jordans mens size 8 EBITDA margin improved by 280bps YoY to 11.8 %(passive) led bycheap jordans mens size 8 EBITDA margin improved by 280bps YoY to 11.8 %
in 2008 and 2009createdin 2008 and 2009
from increased revenue and product mixresultingfrom increased revenue and product mix
to high EBITDA margins in the domestic businesscontributesto high EBITDA margins in the domestic business
to the transformation of the companyhave createdto the transformation of the company