SNL supply network limited

Ann: June 2018 full year guidance update, page-3

  1. 489 Posts.
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    Yep, Madam, growth rolls on.

    Management exposed again for being too conservative, deserve a slap on the wrist from the ASX - serial offenders.

    Added to the impresive growth is further margin expansion, now implied 2H18 EBIT Margin over 10%. Not only that, but the 2H18 EBIT of $5.9m suggests an annual EBIT of $11.8m, which happens to equate to the target 2020 EBIT.. With NZ bottlenecks being ironed out shortly, there's plehty to look forward to. Couldnt have wished for a better bithday gift today!
 
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