CSR became the first company to win the Business of the Year title two years running. Fast forward to current day and CSR packed more muscle onto its share price after posting Q4 revenue and margin at the upper end of market guidance to the end of December.
CEO Joep van Beurden said CSR was well set to cash in on its innovative products for lucrative target markets – principally phone manufacturers and the automotive sector. CSR reiterated its expectation to continue growing revenues over 2011. The company expects first quarter revenues to be in the range of $155m to $170m, reflecting normal seasonality.
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