MTU 0.00% $12.17 m2 group ltd

Ann: M2 delivers 60% increase in underlying net profit to $93.3M, page-32

  1. 5,227 Posts.
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    I finally got around to listening to the web cast. Most of what was discussed has already been posted, but two points were made:
    a) MTU is increasing marketing by $5m this year. There is the expectation that some of the growth will come from this spend, but the comment was also made that it should provide momentum to following years.
    b) There has been some discussion here about the reseller model that MTU has adopted. The current reseller model they have works for them for the NBN, as every provider will be a reseller.
    c) The other comment that I picked up is that quite a few of the analysts congratulated Geoff on the result.

    HT1
 
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