Sales have always been much higher in the second half due to the nature of sales to the health care industry.
They gave a heads up about this half results in the AGM presentation, so no surpises there.
The effect of constant overheads and one-off costs this year gives a much lower profit for the first half compared to the second.
Capital sales are always going to be lumpy, so no point in trying to analyse small variations from year to year.
The acquisitions announced have not been incorporated into the full year earnings guidance. The earnings guidance will be upgraded after the acquisitions are settled.
PGC Price at posting:
80.0¢ 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)