Interview of the CEO today on Aus Biz.
Not much new in what he says.
He mentions that there is a little bit less pressure on labour costs, which is obviously good for their margin.
Regarding the effect of interest rates, probably useful to remind that SHA benefits from high interest rates as they have a high level of net cash (95 m$ including financial assets at 31/12/23). Their net cash is probably higher at 30/6/24 thanks their free cash flow, despite the fact that they paid around 7 m$ of dividends during H1 24.
Ann: FY24 Trading Update, page-6
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