Hmmm, not too sure there is much in this result that will excite the market.
Revenue growth slowed significantly in the second-half, and the only thing that got them close the the $59m NPAT figure that I saw some brokers expecting, was a very strong Gross Margin. That, and a soft-ish tax rate in the second-half.
Score this a 6 out of 10 result for BRG, quality-wise, which is a far cry from the usual 9 out of 10 to whihc we have become accustomed.
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Open | High | Low | Value | Volume |
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1 | 190 | 27.500 |
2 | 800 | 27.320 |
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