CDA 0.63% $12.70 codan limited

Ann: Profit Guidance , page-7

  1. 551 Posts.
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    Actually, second half profit is "in the region of" $17m, which is a 36% drop on guidance. If the factors contributing to the drop were truly not known at the end of Feb when the guidance was issued, then a majority of the drop could have been in the last quarter which makes it a very ugly quarter indeed. Could be a big ouch here :-(
 
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