I agree tessathedog - an excellent report. $2.2m in operating cash flows! And gearing down 10 percentage points to under 20%. This company is in fine shape.
It's great to see the investment, innovation and restructuring of the last few years starting to pay off. For instance, the investment in the rental division - revenue up 80% and the division was the driver of the company's improved overall gross margin.
It's worth reading the Chairman's overview and the CEO's review of operations. Well written and informative. You get a real sense of what Saferoads is all about and where it's heading... which is onwards and upwards imho.
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Ann: Appendix 4E and Annual Financial Report, page-3
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