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Replies to post #11998 on The Rising Influence of Rising Affluence

Replies to #11998 on The Rising Influence of Rising Affluence

DewDiligence

01/31/16 7:51 PM

#12018 RE: DewDiligence #11998

CAT—In defense of the company’s management, the decremental operating margin during 2015 was only 20%, which is quite impressive considering the severity of the downturn in sales.