Reminder of Euroz note in Sept 23
The broker was expecting a significant decrease for FY 24 results of - 22 % for NPAT and dividend.
During H1 24, Joyce increased its NPAT by 34 % and its dividend by 38 %.
However, it is true that H2 23 was particularly strong (+ 50 % for KWB EBIT), so FY 24 growth of earnings and dividends will probably be lower than H1 24.
Reminder of Euroz note in Sept 23 The broker was expecting a...
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