Since listing, DDR has not seena drop in revenue. Margins have changed, and NPAT has been impacted big on two occassions: 1) During the acquisition/integration of Express Data (2014) 2) During the acquisition/integration of the two most recent acquisitions
You'll notice operating margin last time dropped significantly. The same has occured (down to 4.1%)
I won't speculate with exact numbers, but will leave that to you.
DDR Price at posting:
$8.74 Sentiment: Hold Disclosure: Held
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