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Ann: GUD Holdings Limited - Key Dates, page-2

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  1. 16,965 Posts.
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    The anecdotal evidence suggests that it has been a very tough 6-months for GUD, both in its Auto division as well as the Davey pumps business

    For tomorrow's result, I think anything better than full-year Profit Before Tax of $75m will be respectable under the economic circumstances that prevailed during the second-half.

    This would equate to a ~13%-15% reduction in JH2019 Pre-Tax Profit compared to JY2019, leaving the full-year number relatively unchanged (given DH2018 was 14% higher than DH2017):

    Half-Yearly Pre-Tax Profit (change on pcp)
    DH2017 = $35.6m (+3%)
    JH2018 = $40.9m (+7%)
    DH2018 = $40.6m (+14%)
    JH2019 (F) = $36m (-13%) (Wet-Finger-In-The-Air-Forecast  aka WEFITAF)


    In terms of Business Segment EBIT, my best guess is something like this:

    Automotive
    DH2017 = $40.3m (+12%)
    JH2018 = $42.9m (+13%)
    DH2018 = $44.4m (+10%)
    JH2019 (F) = $40.0m (-7%) (WEFITAF)

    Davey
    DH2017 = $4.7m (+9%)
    JH2018 = $4.5m (+-7%)
    DH2018 = $4.1m (-12%)
    JH2019 (F) = $3.8m (-15%) (WEFITAF)
 
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