Yes, wind back from Covid boost is happening and probably finish it soon for volume. Margin too must be hitting the lowest, but climb back will be very slow, much more difficult than the volume. It will be a grinding process increase selling price or changing mix to higher margin products. The main outcome I am hoping is the end of decline initially. Any margin improvements for next few years will have to come from ANZ and Europe.
DMP Price at posting:
$39.51 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)