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"...The outlook is promising with a positive assessment of the latest edition of the SHOT Show ® held from 20 to 23 January in Las Vegas. World's Premier firing, the SHOT Show ® annually brings together professionals worldwide and is a barometer of the market trend in the coming months.
With 1 MUSD order intake during the show on one category of products with the lowest rotation CYBERGUN managed one of his best performances and demonstrates the gradual recovery of the business. (Emphasis added) Recall that the decrease in stocks with the slowest rotation has become a priority for the optimization of working capital despite its short-term impact on margins. On 31 January 2014, 70% of the target for these stocks is already achieved...."
One. Million. Dollars. On just one category of goods shown on the floor in Vegas. SHOT Show is big business for airsoft, for CyberG, and for the corporate turnaround the new management is undertaking. Several other major announcements in the latest quarterly release....read it all at the LINK.