Looks like their distribution centre is behind schedule by up to six months. They've only just started their transformation project and added back 7.6m for it. Without that npat would be down about 5%. This sort of thing should be normal business every year IMO. There is another 16m due in half 2 based on the recent pres.
At the last update they said Trade and wholesale had robust growth. Revenue per store in these two divs has been either flat or down on half 2 - so not really robust when considering unit pricing is up about 10% on pcp due to inflation. Half yearly seasonality should be out of whack this year with all the opening up driving post omicron. We should be getting great results.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)