Very good.
Lot of self-help in that result which certainly exceeded my expectations.
Of course, this result is now largely academic given the Dunlop arrangement which will make the P&L look materially different over the next two years.
The past 18 months have been rough for distribution businesses of all sorts, but for NTD I think the worst might now be behind it.
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Ann: Appendix 4D and Half-Year Financial Report, page-2
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