LAU 2.13% 96.0¢ lindsay australia limited

Ann: Half year FY24 Results Presentation, page-28

  1. 959 Posts.
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    Agree with Hopeful about today's market reaction following release of inflation data.
    Management may be challenged in meeting revised guidance which was predicated on a slowing in the inflationary outlook. Given the increased level of debt they are carrying, and the indigestion from the WB hunter acquisition, a further downgrade could be on the cards.
 
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