What a pleasant surprise.
I hope you're right and the half yearly result does come in as a pleasant surprise, but I need to see a bit more.
Revenue increased by 3% and the margin improved by 5% which improved the result by about $2.5m but the bottom-line number is only going to scrape past the equivalent for the previous corresponding period.
This suggests some expenditure increases have occurred. These may be linked to costs and inefficiencies as buildings come on-line or to some super-natural efforts required to pump up European sales - interest expenses wouldn't help either.
This is probably not a concern either way but, as I said, I would like to see some context around it all and will await the half yearly result with interest.
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