".. acquiring the Dunlop distribution rights is "a clear turning point for the company, as it strengthens the company's brand portfolio and offering, and provides greater confidence in earnings visibility and the pathway to growth".
I don't believe the market fully appreciates how material a development this is.
That said, it is a FY2025 story, and the market is not known for its patience that looks that far ahead.
The past 12 months has been a torrid time for this company, but one gets a real sense that they've just passed the cyclical inflection point.
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Ann: 2023 AGM Presentation, page-3
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