Ann: Change of Director's Interest Notice, page-14

Covid errs growth is well and truly over including valuations around 70 PE.
However globally fast food industry is growing around 3 to 4 % and pizza slightly higher. Also there is room to increase market share as that discussion on the investor day.
If DMP achieves 4% increases in revenue, bottom line should increase by 40 to 45%, as marginal cost is around 55 to 60%.
If you convert it to EPS it will be 25 to 30 cents per annum over so many years to future. There will be bumps here and there but long term business case for pizza industry is still good. One off restructuring savings of 25cents will be certain too.
That makes 2026 fcst around $2.10.
These growth rates of 15% at bottom line is pretty decent from there onwards.
DMP needs bit of traction on Japan and France
to get investors talking about growth rather than Negatives.