Boy, talk about an embarrassment of riches!
They beat consensus expectation by about 8%, with outperformance in all critical businesses.
And the cash flow was ridiculously strong, with Net Receipts about 12.5% higher than EBITDA.
Coles EBIT up 15%...in a so-called "tough" retailing environment.
Fierce competition in grocery retailing, my eye!
It's merely a charade.
It's an almightyy franchise that just keeps getting almightier!
Ann: 2013 Half-year Results Announcement , page-2
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$71.60 |
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