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Ann: Significant Items, FY18 Update, FY19 Outlook, page-12

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  1. 537 Posts.
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    FY19 EBITDA growth forecast has disappointed as a result of poor outlooks for Brasil and OCC. As with many growth stocks, even a small earnings miss can cause a big reduction in SP.

    Obviously long term this is a very strong business and there is every expectation that the growth in earnings/revenue will continue. Just don't expect much happiness in the SP short term.
    Last edited by andy777: 06/08/18
 
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