great result for 6 months ending June - seems like record revenues in Aus, NZ and International with NZ up a crazy 39% (& international up 135% as they said).
These sort of numbers are traditionally expected in the Dec half (presumably with Xmas and summer in Aus & NZ) which is why they seem pretty confident by paying out such a large dividend (6c is ~$5.7m so a decent amount of their cash holding).
Looks like those BBQs are selling exceptionally well and it does not appear that they have even launched in the US yet.
I have to admit that the lack of investor communication is frustrating (I mean no reason for Blanco exit....I assume they lost distribution rights, and then nothing about economic cost of the cyber attack), and the marketing (influencers/digital/etc) all sounds like salesperson /advertising buzzwords, but the numbers speak for themselves.
I think it will be impossible for them to repeat the crazy numbers they did in Dec half last year, but even if they repeat what they have done to June, it will be an outstanding result.....the issue is whether these lockdowns are impacting them given ANZ are their biggest 2 markets
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great result for 6 months ending June - seems like record...
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