Most of the growth are contributed by Ascent and Hype.
TAF and RCg reported a dropping EBITDA by 15% and 64% respectively. Hype has a year to date LFL down by 2.8% too.
The "34% growth" is unsustainable becuase it is mainly contributed by Hype. Excluding Hype acquisition in this half year, the EBITDA only grows by about 10%.
From the update and outlook, all four brands missed the sale growth guidance.
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- Ann: Appendix 4D and Financial Report 31 December 2016
Ann: Appendix 4D and Financial Report 31 December 2016, page-23
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