Ann: Trading Update FY2024, page-3

The recent acquisition, W B Hunter, won't be affected by Queensland's 'wet conditions' as with the exception of just across the border at Corowa in NSW, it's a Victorian business.

However Victoria and southern NSW could do with more rain, so W B Hunter might not be trading well.

As @Arpeebee stated in the other thread, 'management has some work to do' even though the weather is a short term challenge. I wonder whether there will be reductions in headcount?

Interest rates likely to rise further is not good for LAU: subdued consumer demand will continue, but at least LAU is still profitable, albeit not as highly.