Thanks for those figures. Very helpful.
Just further to my comment about margin.
Having read through the report in more details I understand that Motorsports revenue, which is no doubt higher margin is skewed to H2.
So, comparing NPAT margin to last year H1 makes more sense and this year is better.
The full year margin will be higher and assuming it is a better than last year, should be at or close to the 20% target.
So feeling more comfortable with the report.
The North American margins dropped badly, but they do say that they have raised prices and increased efficiencies which are not yet reflected in the financials. So, hopefully this will move back up in H2
Ann: H1FY24 Investor Presentation, page-5
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