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Re: swampboots post# 38

Saturday, 03/22/2014 3:37:13 PM

Saturday, March 22, 2014 3:37:13 PM

Post# of 68
To add to what SSK said, on top of the fact that there were extra expenses last year, they improved margins through the entirety of 2013. We will find out more about this in the full annual report, but it could be a turn to profitability in the industrial segment. For a long time, the industrial portion of the company has been weighing on earnings; it hasn't reported a gross profit since 2007. They have been improving since 2010, so this is the year we could see a contribution to income from that large segment.