I wonder if e&s is comparable to KWB (JYC).
My understanding is that KWB is selling whole kitchens, but I wonder if e&S is doing the same thing.
Anyway, both companies are selling only via showrooms (like Nick Scali).
Surprised that e&s has an EBITDA margin of only 3 % vs an EBIT margin of 20 %+ for KWB.
Ann: Acquisition of e&s, page-2
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