SimonGr, I have been tracking MCP's Underlying (normalised) EPS growth rates from continuing business for many years now. Starting from FY16, the growth rates have been:
FY16: 9.7% FY17: 12.3% FY18: 13.1% FY19: 33% FY20: 24% (excluding loss of two distribution arrangements; 12% if these losses are included)
So, my answer is Yes, MCP is experiencing long-term, strong underlying growth.
MCP Price at posting:
$3.06 Sentiment: Buy Disclosure: Held
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