Nth American EBITDA is up around 11% compared to the PCP (this is the only positive aspect of their result), but worryingly their units shipped dropped about 25% compared to the PCP from 1155 to 920--Not good.
Units under RR dropped almost 6% from 7222 units to 6790.
Latin America EBITDA dropped about 30%!!!
Asia Pac EBITDA is up, but that is because the PCP was so bloody bad even those clowns couldn't do worse than the PCP. Asia Pac EBITDA remains embarrassing at 2.2. Their shipped units continues its slide south being down 10% on the PCP.
Online remains woeful with EBITDA compared to the PCP down 42!
I don't know what the hell is going on over at AGI but just when I thought their results couldn't get worse they drop this result.
What an absolute shocker.
AGI Price at posting:
88.0¢ Sentiment: Hold Disclosure: Held
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