Very pleased with what I saw after skimming the results.
Possible that the market in the short-term reacts negatively to the outlook of lowering EBITA % from ~35%
Second half EBITDA margins will consequently be lower than in the first half, with full year FY19 EBITDA as a percentage of sales expected to be approximately 31-32%. This is due largely to:• Marketing investment in 2H19 to approximately double 1H19• Continued investment in building organisational capability
Happy to continue to hold long-term and will ignore the noise of the market.
HY Results 2019, page-14
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $8.532M | 1.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2151 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 27162 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |