Can I pick your brain about the ‘few proxy clues’ for the worst being over, or management earning their keep. Obviously the profit is back in the black and revenues are rising but I’m sure you’re referring to specific lines on the financial statements.
Given the outlook statement was for similar conditions, are there any specific assumptions you are making to arrive at a full year profit of anything other than 2x 774? We don’t have the kettle change, which uses a lot of man power and time, so hopefully that should improve the results marginally in JH but other than my view of their environment continuing to improve, I couldn’t see anything in the report to suggest further improvement.
Appreciate your time and thought!
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