JLG 0.68% $5.91 johns lyng group limited

Ann: 2023 Annual General Meeting Presentation, page-9

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    And he concluded by confirming guidance given in August:

    https://hotcopper.com.au/data/attachments/5782/5782986-d214b7faa081ae0ecac4627faae88455.jpg
    Guidance provided at that time was as follows:

    https://hotcopper.com.au/data/attachments/5783/5783035-449177d2e5f3faf9ccdf435e0c7a6447.jpg
    I Have extrapulated the guidance against the statutory results published and am having difficulty reconciling the increases stated:

    https://hotcopper.com.au/data/attachments/5783/5783172-037c611bc70f47d87fbeb1922b5b3789.jpg

    Notes 8 and 10 refer to the exclusion of commercial construction, which was $62m in FY23.
    What am I missing? Can anyone clarify the increases Management are providing?

    I only recently bought in and am struggling to understand recent sentiment and sell off.
    Currently trading on PE 29 which whilst at the bottom end of historical levels, may not be justified.
 
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