Ready to Pop, page-38

hmm results seem better than expected after a superficial reading of accounts. So far I'm pretty happy but I do have some concerns:
* Guidance has been "met" by cheating on how EBITDA is calculated. From my understanding this number shouldn't include impairments (someone correct me if this is wrong) but they have done this and that materially affects the outcome given the $5m impairment at HY. Not sure if this is how they calculated EBITDA in the past (will look into that later this morning).

* concerned there's been no action to adjust for the material change in Sciacca's prospects. This may work out fine if they can replace the lost union business, but if not is a ticking time bomb.