NEWS!!!!TRENTON, NEW JERSEY, Feb 15, 2011 (Marketwire via COMTEX News Network) --
Falken Industries Ltd (OTCBB:FLKI) -
OperatingMargins for this international leader in its industry continued to riseand soared more than 10% to 38,43% for the YE December 31, 2010. Thisperformance arises notwithstanding heavy development and promotionalexpense and distributor support for a fast expanding global distributionnetwork.
"This is particularly noteworthy because FLKI hasresisted all temptations to a policy of pass-along price increases andis now the uncontested recognized leader for price stability," saidManuel Garcia, communications officer.
The company maintains itsprofitability even as it continues its market share expansion processesfueled in part by its ability to refrain from price increases.
FLKIcost control advantages and consequent absence of price increases todistributors some in difficult economic environments are a hugelycontributing factor to its leadership position and expanding globalmarket share.
Much of the reputed success of the company lieswith its vaunted procurement and purchasing efficiencies which havehedged its raw material cost up to three years, given it substantialcost advantages over its competitors. "Enhancement of these strengthswas materially emphasized during 2010 and will continue through 2011,"added Garcia.
Sales are projected to continue their steadyincrease, boosted by a significant improvement in global market share ofFLKI product conceptions because these have been progressively fillingthe voids created by over priced and over extended competitors.
FLKIprofessional lines are continuing to fuel considerable interest andgrowth, motored by the barely year old product concept "Brilliance".
Military and governmental product conceptions in protective, disinfecting and cleansing agents are developing successfully.
Asampling of FLKI product conceptions may be seen at www.cleanplus.com.Clean Plus(R) is the best known branded collection of FLKI consumer,professional and industrial product concepts.