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AI generated future growth drivers.
- Cover Glass Technology: The company is making progress with its complex cover glass product, with RFQs received and prototypes well-received by customers. They anticipate business awards in the first half of the year and significant turnover contribution in the next three to four years.
- Walter Pack Stabilization: The Walter Pack business is showing improvement, reflected in increased EBITDA margins. Continued growth is expected in both domestic and export markets.
- Revenue Outlook: The order book covers 85% of the revenue outlook for FY25, with an expected industry growth of 8% to 10%. SJS Enterprises aims for higher growth due to increased content per vehicle.
- Product Margins: The company is focusing on high-value products with less competition, leading to sustainable higher margins. Chrome plating is the only product with mid-teens margin profile.
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