Something I don’t recall being noted lately is the fact the NZD has fallen approximately 5% against the AUD and 8% against the USD since July.
Being an exporter, this makes A2 products cheaper for our two biggest markets while increasing our revenues, earnings and profits which are all reported in NZD.
Unless I’m missing something not a bad tail wind to have
Anyone else thinking the same?
FY20 revenue and earnings estimates, page-60
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