Ann: Financial Results Update - Half Year to 31 December 2020, page-5

  1. 4,862 Posts.
    lightbulb Created with Sketch. 543
    Until now, I liked the company and its strategy.
    But I did not buy it as I found it quite expensive based on FY 20 results.
    I began to buy today as I find it now quite cheap based on these results.
    Interesting to see that gyro represented only 13 % of their sales for H1 21.

    Even if they did not give a clear guidance, the comment they gave about future results was enough for me.
    Obviously, they expect both a good top line and operating leverage to continue.
    Only thing I don't get at this stage is if the company will need to increase its Capex (quite low during the last 2 years).
 
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