LAU 2.66% 91.5¢ lindsay australia limited

Ann: Investor Presentation FY2024 Results, page-9

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    I hear you, but that's simply what you get with freight businesses like LAU's; because they have high levels of fixed cost structures, extraneous factors like the weather have potential to impact them meaningfully.

    Anyway, it was just a friendly word of caution to be aware that the earnings base at which they exited FY24 is a lot lower than the headline reported numbers (as well as the accompanying commentary and presentation) suggest.

    .
 
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