VTG vita group limited
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FY2020

  1. Holdlowsellhigh
    12 Posts.
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    12/10/18
    10:25
    Post #: 36097937
    Does anyone have opinions about where net profit might get to after FY2020 cuts?

    Looking at the FY17 results presentation it states an additional 11m cuts,


    The results post current cuts don't look that flash either, $25m in cuts as per FY17 report and $5m cost reduction should have seen a net $20m reduction, however this resulted in a $24m reduction in EBITA - $65m - $41m,

    If another $11m in cuts come though could net profit drop another $10m?
    VTG Price at posting: 95.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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