I've yet to read this in full but while some metrics such as the rise in the EBITDA margin, and EBITDA, plus attaining #1 position in a key operating segment are pleasing, debt looks to have risen by 33.61 per cent versus the PCP.
The interim dividend is down 6.66 per cent on PCP.
Cash held has significantly declined.
During a recession one might expect filings to go down as some companies will be more focused on nutting out how to obtain growth, or in hopefully a smaller number of cases, how to survive. It'd be good if that assumption of mine was proven incorrect.
QIP Price at posting:
94.0¢ Sentiment: Hold Disclosure: Held
