Well the overall earnings were below guidance which the statement even points out.
However, looks like some participants are happy to buy the dip and might be focusing on the fact that BWI beat internal expectations of $28m EBIT by posting $31m. This bodes well for the future given that they are now 80% auto focused.
Ann: Results Briefing and Webcast - 30 June 2016-GUD.AX, page-3
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