Thanks Gus, that's how I remember it. I also have the impression that 80% of Fonda profits will come from Retail?
Tewkle- 51 million is the confirmed gross for FY12
So 980,000 per week, or on average 15% of total Fonda US market sales for FY12( Providing we use 340 million total market)
51 million Gross, 33 million net sales- and lets say 20 million Net-profit( assuming the 50/50 split and that 10 million was paid back to Dr Reddy's)
If sales are now around 1.8m per week like estimates then Gross is around 94 million, Net Sales would be around 61 million, fonda profit around 37 million. ACL's share around 18 million, minus the 2 million plus the $$ advantage of increased yield, minus company expenses etc.
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Thanks Gus, that's how I remember it. I also have the impression...
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