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Annual
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Novartis Group LimitedLevel 3/461 Burke St, Melbourne VIC 30002022/23Annual Report FY23 | Novartis Group LimitedContents
FY23 In Numbers3About Novatti4Corporate directory5Chairmans Report6CEOs
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What is revenue up expenses downtransformation?
Revenue up expenses down transformation is a process in which a company increases its revenue while simultaneously decreasing its expenses to improve its financial performance.
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The purpose of revenue up expenses down transformation is to enhance the financial performance of a business by boosting revenue and reducing expenses. This can lead to increased profitability and sustainability.
What information must be reported on revenue up expenses downtransformation?
The information that must be reported on revenue up expenses down transformation includes details on the current revenue sources, expenses breakdown, proposed changes to increase revenue, and strategies to decrease expenses.
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