Every year SNL announce their Full Year results this week of July. 4 out of the last 6 years it has been on the Wednesday, with one Tuesday announcement and one Thursday announcement.
I'm expecting more of the same consistent growth from a solid company, $A has been quite stable so I'd expect margins to have held up well. The $5m build up of inventory in 1H2014 should mean that operating cash flow is better in 2H2014.
I'm looking for FY2014 NPAT of $5.4m, and an average ROE of a very impressive 27%.
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