As the others say, they confirmed their EBITDA to Sales ratio for FY2018 to approximate 30%. AND THEN, they confirmed even with the increased Advertising spend, they were going to be approx the same, i.e. without the increased Ad spend they were going to be higher.
Understand.......Without the increased advertising the EBITDA to Sales ratio for FY19 would be higher than 30%..........
Chart Update, page-1245
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