A couple of negatives are:
* Revenue growth of 9% has slowed from previous years (and it includes the acquired Ex-engineering business, so only 3.5% organic revenue growth).
* Cashflow generation continues to be weak as the inventory is being built up.
But the positives are:
* Management continue to guide to some major projects in 2H24 which should see strong organic revenue growth resume (inventory build corroborates this).
* CMI earnings for 5 months of ownership in 2H24 will exceed the acquisition costs yet to be expensed and contribute to 2H24 earnings.
All in all management seem to be steering the company well.
- Forums
- ASX - By Stock
- Ann: H1 FY24 Investor Presentation
A couple of negatives are:* Revenue growth of 9% has slowed from...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IPG (ASX) to my watchlist
|
|||||
Last
$4.82 |
Change
0.030(0.63%) |
Mkt cap ! $498.2M |
Open | High | Low | Value | Volume |
$4.81 | $4.83 | $4.76 | $452.0K | 94.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5111 | $4.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.82 | 2579 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5111 | 4.780 |
1 | 502 | 4.770 |
1 | 502 | 4.760 |
2 | 722 | 4.750 |
2 | 1225 | 4.740 |
Price($) | Vol. | No. |
---|---|---|
4.820 | 2579 | 1 |
4.830 | 2500 | 1 |
4.900 | 100500 | 2 |
4.910 | 1000 | 1 |
4.920 | 4000 | 1 |
Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
Featured News
IPG (ASX) Chart |