RFG put together in 2017 quite a solid year with NPAT growth of 14%, it's the guidance for 2018 which is impacting the share price - some bizarre largely indeciperable business jargon, and only 6% NPAT growth with all divisions forecast to grow.
"Focused on a Global 2020 strategy to leverage the Company’s increasingly diversified business model and growing global platform, RFG remains optimistic in respect to future performance. This platform will be further enhanced via the commissioning of a whole of business program focused on transformational development of internal capability
Looking forward, organic growth is anticipated across all divisions in FY18, largely driven by International, C&AB andCommercial performance, contributing to forecast FY18 underlying NPAT growth of c.6%"
RFG Price at posting:
$4.48 Sentiment: Hold Disclosure: Held
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