EBIT margin of 10.4% is identical to first half, wonder why they thought 9.3% was appropriate as a forecast four months ago? We all recognise that there is a history of outperforming guidance, but with such expectations a miss can be brutal. In any case the business is going great, and currently (at least) looks highly predictable.
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Ann: June 2018 full year guidance update, page-4
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1 | 766 | 26.100 |
1 | 38 | 26.010 |
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