Ann: Half Yearly Report and Accounts, page-8

Street lights not a winner as even I with no knowledge said back here!
Just on hire....they outlayed $1.3m for turnover of 700 g odd....now that doesn’t sound that good to me; depending on depreciation rate of the items...cos I’m sure Coates would not tie up $2 billion of capital to turnover $1.1 to 1.2 billion?? Armalap..I can’t remember nhr stuff now...but they have other costs in that like labor, wear and tear, phone , power, cleaning etc. Thing is it could also rob them of some sales here and there too!

Saw an old post of mine whilst looking for this one about street lights from first Feb 18, and $4 m order book, and hoping for U.S. orders! Yawn and repeat!!