JLG 0.66% $6.02 johns lyng group limited

Ann: 1H24 Results Announcement, page-15

  1. 961 Posts.
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    At first glance Statutory results appear uninspiring and may have fallen short of expectations:
    https://hotcopper.com.au/data/attachments/5990/5990025-e8b79a6b0320cee001387e5d5d750ae4.jpg
    https://hotcopper.com.au/data/attachments/5990/5990038-cfd1479204ca25b3936b8629433680ba.jpg
    Gross margin increased to 25% (up from 21%)
    Expenses up 25.5%. Employee Benefits (+16.2%) one of the main contributing items.
    Adverse movement in foreign currency translation from PCP (-$12.2m) also impacted result.
    Last edited by Arpeebee: 27/02/24
 
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