Good analysis, and I don’t challenge its accuracy as an assessment of the FY24 year. However, I think what the market is taking heart from is that the fourth quarter suggests there is real “momentum” which should carry into FY25. Not just in cyber, where there are elements of “window dressing” as you describe, but in other divisions which have been really problematic lately. And I can’t but help feel that industry is now finally starting to invest in cyber protection in a more meaningful way, across the board, and we seem well placed to benefit from that.
I’m feeling optimistic about the prospects for FY25.
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- Ann: Q4 FY2024 Trading Update
Ann: Q4 FY2024 Trading Update, page-8
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