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The company believes that it acquired 8% of total market share in the book market.
Overall, Ottakar's financial performance in 2005 was better than that of 2004 as a result of an impressive growth in book market stimulating by growing interest from customers. Beside that, the positive improvement in the company ranging from better buying discipline to changing in its departments such as financial and commercial department. These contributed to a considerable growth in sales performance and higher gross margin.
Profitability Ratios
Ottakar's achieved a strong growth in sales (turnover) at 12...
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