FY19 EBITDA growth forecast has disappointed as a result of poor outlooks for Brasil and OCC. As with many growth stocks, even a small earnings miss can cause a big reduction in SP.
Obviously long term this is a very strong business and there is every expectation that the growth in earnings/revenue will continue. Just don't expect much happiness in the SP short term.
Ann: Significant Items, FY18 Update, FY19 Outlook, page-12
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Last
$25.11 |
Change
0.180(0.72%) |
Mkt cap ! $8.959B | |||
| Open | High | Low | Value | Volume |
| $25.43 | $25.57 | $24.96 | $13.75M | 546.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1403 | $24.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.12 | 2888 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SEK (ASX) Chart |