This was in line with the expectations, still a decent dividend and online sales have more than made up the difference in COVID affecting in-store sales.
Unfortunately the increase costs of doing business (shipping) has killed profit, but this should improve when supply chains improve over the next 6-12 months.
It's only on a PE of 14 with the decreased profit, this will rocket once costs return to normal.
Ann: ADH 1H FY2022 Results Presentation, page-2
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