re: Ann: CSR Full year results announcement y... yup a solid result as i had hoped. Did think insulation sales would be higher, but inferior imported batts means CSR will can mkt share from here. Sugar did exceptionally well and high rainfall in mackay/townsville region in Feb/March means the forthcoming crop will exceed last year's. Al now largely unhedged but weaker AUD will provide comfort if base metal prices fall. A 4fold increase in finaldiv certainly welcome. Overall the result beat mkt consense estimates and i hope SP will respond accordingly. In a word: 'solid' year for CSR.
PS.Of course selling the sugar division for 1.7Billion will change things! Big bikkies by any standard. But am also happy if CSR decide to not sell.
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