I'm pretty surprised this held up so well today. Maybe the bad news is already priced in? I thought the result was pretty disappointing. I'll need to look at the figures more closely but from an initial glance, margins look like they're going backwards even if we take out the impairment. Also, what's with the impairment? Did some of the acq value not hold up and we're taking a big impairment charge now...
Ann: Half Yearly Report and Accounts, page-21
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