Hopefully, they hit midway of their august updated profit guidance.
Thankfully there were no further declines. My take, happy with the cash conversion, still concerned about costs (hopefully addressed by transformation project but as yet u convinced), borderline positive about outlook as it seems more optimistic than august guidance.
Overall, I will continue holding and would maybe buy but no free capital.
Ann: Elders FY23 Results Announcement, page-3
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