Falken Industries Ltd: 2010 YE Operating Margins Rise Another 10% Continuing Their Progression
15 Febbraio 2011 - 10:01PM
Marketwired
Falken Industries Ltd (OTCBB: FLKI) -
Operating Margins for this international leader in its industry
continued to rise and soared more than 10% to 38,43% for the YE
December 31, 2010. This performance arises notwithstanding heavy
development and promotional expense and distributor support for a
fast expanding global distribution network.
"This is particularly noteworthy because FLKI has resisted all
temptations to a policy of pass-along price increases and is now
the uncontested recognized leader for price stability," said Manuel
Garcia, communications officer.
The company maintains its profitability even as it continues its
market share expansion processes fueled in part by its ability to
refrain from price increases.
FLKI cost control advantages and consequent absence of price
increases to distributors some in difficult economic environments
are a hugely contributing factor to its leadership position and
expanding global market share.
Much of the reputed success of the company lies with its vaunted
procurement and purchasing efficiencies which have hedged its raw
material cost up to three years, given it substantial cost
advantages over its competitors. "Enhancement of these strengths
was materially emphasized during 2010 and will continue through
2011," added Garcia.
Sales are projected to continue their steady increase, boosted
by a significant improvement in global market share of FLKI product
conceptions because these have been progressively filling the voids
created by over priced and over extended competitors.
FLKI professional lines are continuing to fuel considerable
interest and growth, motored by the barely year old product concept
"Brilliance".
Military and governmental product conceptions in protective,
disinfecting and cleansing agents are developing successfully.
A sampling of FLKI product conceptions may be seen at
www.cleanplus.com. Clean Plus® is the best known branded collection
of FLKI consumer, professional and industrial product concepts.
About Falken Industries Ltd:
Falken Industries Ltd (OTCBB: FLKI) is a diversified industrial
conglomerate that operates in Chemicals, Wet Wipe and Biodegradable
Technology. Falken Industries Ltd is the concept behind more than
160 products distributed through a network of global platforms and
the recipient of trade awards for innovations, biodegradability and
environmental and health quality standards.
SAFE HARBOR STATEMENT: This news release contains
"forward-looking statements" made pursuant to the safe harbor
provisions of the 1995 Private Securities Litigation Reform Act.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"future," "plan" or "planned," "will" or "should," "expected,"
"anticipates," "draft," "eventually" or "projected." Such
statements are subject to risks and uncertainties that could cause
future circumstances, events, or results to differ materially from
those projected in the forward-looking statements, including the
risks that our products may not achieve customer acceptance or
perform as intended, that we may be unable to obtain necessary
financing to continue operations and development, and other risks.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements.
Contacts: Falken Industries Ltd Manuel Garcia Communications
Officer +1 609 357 0316 mgarciafaure@falkenltd.com
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