This quarterly also highlights that there may be a demand problem.
With the time in market and the massive distribution footprint why the hell is this company only producing 2.8m in production for the quarter? The capacity of the plant with the wrapper is 20m per annum or 5m per quarter.
Says to me they are running at about 50% capacity - not something you do when sales are off the chart. Under this analogy it is irrelevant if you have a second wrapping machine because you dont have the demand to fill the use of one
To be factual units sold = 3.3m for quarter
Manufacturing capacity = 5m units per quarter
Breakeven approx 6m per quarter
Not good folks
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