This year (FY 05) profit will be above $500m with a oneoff of $200m capital gain. This is a far cry from $70mil, 2 years ago.
With FDA approval early next year for HPV then a oneoff bonus payment from Merck comes in.
Are we looking at a cheap (PE) company as this one-off have not been factored in?
After all once HPV vaccine hits the market an extra 150-200m annual addition on profit is on the card as well...
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