What a superb pair of presentations - comprehensive, well set out and, most importantly, they convey just where SRH is heading (onwards and upwards).
A few key takeaways for me:
* (slide 8) The dramatic decline in Australia's transport infrastructure spending (major projects) over 2013 and 2014 - which provided a difficult operating environment during SRH's turnaround years - and the substantial growth of such spending in 2016 and the projected further strong growth out to 2020. This should provide a much more favourable operating environment for SRH.
* (slide 10) The ongoing productivity-enhancing restructuring of the business. Really good stuff - there's clearly a lot of strategic thinking going on inside SRH.
* (slides 12-19) The ongoing investment in tightly-targeted R&D and the growth of export sales.
SRH continues to fire on all cylinders - and it's back in profit and the outlook is excellent.
Importantly, SRH's profit growth is 'top line driven' (slide 7) - that is, sales growth should translate significantly into profits.
I can't say this often enough: 'Well done management.'
- Forums
- ASX - By Stock
- SRH
- Ann: Chairman & CEO's Address to Shareholders
Ann: Chairman & CEO's Address to Shareholders, page-2
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRH (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.791M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.1¢ | $2.05K | 50K |
Featured News
SRH (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online