Fortune 15011 May 2011 10:00
We need to know more detail on margin etc to BYOT.But one thing I will say is that the new management is highly commercial,the old lot were not-I have met them all.Look how much Kugler and Millar have achieved in the short time they have been there.Cut cost base by 50%,deals with McBride,PZC,Tommee Tippee and now Fortune 150-all in about 14 months.The old management secured the disasterour Sterling deal in 5 years that is all and carried a very bloated cist base.Remember Millar's options strike at 35p.
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