A2M 0.54% $5.53 the a2 milk company limited

Ann: A2M Results Presentation Half Year FY17, page-5

  1. 7,374 Posts.
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    Brilliant result!

    Brilliant management! how switched on are they, magnificently worded half yearly, and what a result.

    So much to like, two things I picked up on while being small will in the future be significant.

    The effective tax rate of 37.4% is expected to reduce as results improve in the US business

    Review of growth opportunities in SE Asia progressing

    Also I must admit I have been thinking that a takeover offer at this stage would be unlikely due to the pending outcome against Lion, but after reading this I don't see that being an issue now.
 
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