Ann: AGM Presentation 2020, page-8

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    Earnings have always been lumpy, but whichever start date you use they have not met their earnings forecast from their 5 year strategic plan. The below is from the 2015 annual report.

    I calculated the 4.82% CAGR in profit from 2016 - 2020 (four years).

    https://hotcopper.com.au/data/attachments/2690/2690816-ee5457fa4cc8dafddf8c11cce5197557.jpg

 
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