My key takeaways for FY21
- reduce COGs by one third, trying to cut out >$1000 per wheel
- continue to reduce SGA
- refinanced debt which previously cost 10% to around 5%
- fascia tech to be introduced which has significant efficiency, cost and working capital benefits
- high barriers to entry reinforced; every time a new OEM comes onboard - the OEM has to invest significant time and money to onboard CBR, therefore unlikely to go to another manufacturer lightly
- Forums
- ASX - By Stock
- CBR
- Ann: FY20 Results Investor Presentation
Ann: FY20 Results Investor Presentation, page-5
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