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provide SLI the opportunity of participating in the first 18 months of
any upturn - which tends to be the most lucrative - and avoid the
18 months after any market peak, which can prove most
damaging.
SLI has become an important profits diversifier for its parent group.
In 2007 it made pre-tax profits of £100m and an ebit (earnings
before interest and taxation) margin of 30%.
