The results of the half yearly report due on Friday will be that profit expectations for FY2009 will grow by 15 – 20% as previously indicated. Revenue and profit for the first quarter were on target and there is no reason to believe that the second has not bettered that. NWH is an extremely well run company that is run by management that has a large vested interest in the company succeeding in the longer term.
There was a warning of the need to reduce debt level and that one of the measures being considered was a short term revision of the stated dividend policy.
Waiting with baited breath.
half yearly
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