Can the group adjusted operating margin surpass 30% in the MT-LT? Given the cost reduction initiatives and the operating leverage in the business, we don’t see why it can’t but is that too optimistic?

June 14, 2024

While we don’t provide margin targets, we have stated that we are focused on increasing margins to recent historical peaks and higher over time. We remain focused on sustainable growth and increasing revenue faster than expenses, while continuing to invest appropriately across the business to create value.

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