EMB 0.00% $8.60 embelton limited

Ann: Preliminary Final Report, page-2

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    The entire full-year financial report confined to a mere 8 pages.
    ...A most economic use of words and numbers, even by Embleton's usual standards of terseness.

    And compared to the usual pristine quality of Embleton's results, this one looks a little bit sloppy (well, not sloppy, but less clinical, perhaps.)

    Directors' Comments (located - in typically enigmatic Embleton style - at the very end of the report):

    "It is hoped that the outcome achieved in this past reporting season can be continued into the current financial year as domestic construction activity is expected to remain buoyant in the coming months. But against a background where the building cycle is likely to mature in the medium-term, the company retains its focus on development on adjacent and aligned markets where our skills can be applied in diversifying sources of revenue for the Group."

    Looks like they are preparing for the pending slowdown.

    Anyone care to hazard a guess what is meant by "adjacent and aligned markets"?
 
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