Ann: Half Year Results Release , page-2

i wont go into too much detail as i dont have much time.

however, this is still a series of disappointing results - although they are improving, which some may argue is all we can ask for.

i feel they should be more aggressive with changeout of poorly performing businesses, staff and assets - strip the business back somewhat to a leaner organisation.
i guess the 200 staff retrenchments are a start.

lastly, they also need to address the decline in earnings - the waste results are poor, not just disappointing as Kevin states.

yeah yeah debt is reducing - thats a given.

overall, profit only slightly achieved, with some help from retrenchments and sales of assets.

market likes it though - maybe thats all that matters?