In light of 20 year celebrations, your board is pleased to report another year of solid progress at Traffic master. In backdrop of the current financial recession when businesses are expected to underperform, we have managed to perform well operationally and financially. We reached significant milestones in collaborating successfully with brands names like BMW and Citroen...
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We attribute this increase in gross profit compared to previous year to improvement in gross margin of 8% points to 61%. Overall, the business has experienced significant revenue and gross profit growth and puts us in a very strong position for 2008. These high margin revenue streams are our generators of strong profitability in the years ahead and we look forward to 2008 with confidence As the finance director of traffic master, I would like to welcome you all to this Annual General meeting of Traffic master...
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