CDD 0.00% 32.0¢ cardno limited

News: CDD Cardno Gives FY19 EBITDA Guidance, page-5

  1. 2,251 Posts.
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     Count me in the same boat too.

    It's a pretty aenemic result for the third year of their turnaround, perhaps impacted by the housing market as Germantheologist warned some years ago.

    Patience is the way to go well in markets, this has been a relative underperformed but I think sustainable EBITDA margins will end up in the 10-15% range.

    When Crescent wants to sell they will likely pull all available levers. For now I don't see the cash for buybacks so they will have to deliver on the acquisition strategy.
 
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