TTV very much in line with what was expected. Pre-tax margin seems a little softer than what I was anticipating(#). All in all, however, seems a strong reaction on pretty much no news, which perhaps reflects the fact that expectations had gotten a little ahead of themselves.
(#): And I wouldn't be lending too much weight to management's statements about PBT margins reaching or exceeding the 2% target in H2 or Q4, as this is always seasonally strong.
TTV very much in line with what was expected. Pre-tax margin...
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