223 sorry. they had a one off charge of 9 mill for restructuring purposes, and a fairly high tax this year. with all that op cash flow was basically the same last year. next year ebitda is likley to be 75 mill with probably lower taxes and low restructuring costs. yet it is valued at 223 mill compared to baby bunting and city chic. with these economics share price on a comparison basis should be 300 mill or so.
