Do you have any idea of what can be Adairs online sales margin ? I mean excluding Mocka where we know that EBIT margin is high (around 20 %).
Given that EBITDA margin has been decreasing both in FY 19 and H1 FY 20, I wonder if it is driven by the increase of their online business (excluding Mocka).
Ann: ADH Trading Update and Stores Re-opening, page-122
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