Ann: Chairman and Managing Director AGM Addresses, page-2

Looks like a positive update and the only reason for the sp decline is the general market malaise. In particular, Ash looks on track to exceed the strong 2018 result, and concept engineering remains very well positioned for the infra boom. Once again, the CEO continues to show his mgt skill and has been vindicated in his decision to exit a large but poorly priced contract. I think even Warren Buffett would like this kind of mgt behaviour. If anyone was at the AGM, would be interested to hear if they mentioned the class action and anything else not in the announcement.