I think that's correct. The EBITDA margin of 14.8% would have been 17.3% if MVM is excluded.
It also says that if the full year EBITDA is higher than expected, they may be able to draw on more of the MVM losses to reduce the effective tax rate later on this.
Ann: 1H22 Results Commentary, page-36
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$6.21 |
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| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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