Think ratings (AFL, News, BB) will be a winner again, Digital EBIT growth likely again due to consuming of news due to COVID and with the cost cutbacks I imagine there will be a lot more savings.
Agree though that revenue/ebita will be worse than previous years. Just depends on how badly they missed - a little miss would likely be considered a massive win, especially if they forecast higher revenue/ebit and less debt for 2021.
SWM Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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