LAU 1.62% 94.0¢ lindsay australia limited

Ann: ASX Media Release FY20 Results, page-3

  1. 33 Posts.
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    the conversion of the guided 'underlying ebitda' to actual profit was a little disappointing but looks to be tied up largely in the one-off restructuring costs.
    Hopefully with some more revenue growth this year and a reduction of one-off expenses, the actual net profit and dividend will look much better.
    Should be a resilient business considering their operation, so hopefully a strong foundation is set now to build on.
 
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