SDI has two new products that were launched in q1. Wonder how they have gone? Will be Feb before we find out I guess.
European registrations were a focus at the AGM, so might be inferred that that has paid off.
4 projects expected to be completed by Sept 24 outlined in the AGM pres operational update, with quite fast paybacks. One completed last March. Is that part of the reason for expenses being well managed?
At the AGM sales were down 7%, but at the HY sales were up 3%, non amalgam sales were down 2%, then up 6%, margins up quite a bit. Is a good turnaround.
Quite a bit of explanation coming in feb I suspect.
SDI Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held
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