So far I've only read the media release.
In challenging economic circumstances, at fare value this seems a very good result, even though sales growth for liquor and hotels is below inflation (hence, effectively a decline in real terms).
The dividend is up 7.9 per cent, so either matches or slightly exceeds inflation.
The performance of the hotels division is particularly pleasing as I was worried 'post-COVID' that previous patrons would change their habits and not go to the pub for a meal and/or drinks.
That EDV is trying to take some costs out of the business is a positive, as labour costs in Australia are very high.
So far I've only read the media release.In challenging economic...
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$5.01 |
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| Open | High | Low | Value | Volume |
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| Last trade - 10.48am 06/06/2024 (20 minute delay) ? |
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Change
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| Last updated 11.07am 06/06/2024 ? | |||||
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