BAL 0.00% $13.23 bellamy's australia limited

Make BAL great Again!!!, page-148

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    So here is what EBIT Margin % has looked like by six month (hal-yearly) periods. Price rises and more direct sales to China sales have been the main drivers.  

    I think EBIT margin will be flat this half, given the extra spend, but 25% is still pretty impressive, particulatry if they can ramp up the volume side of things with Darnum stock rolling off the line.  

    1H17   =??
    2H16  = 25.2%  
    1H16  = 18.3%   
    2H15  = 10.3%
    1H15  = 9.2%   

    Screen Shot 2016-11-22 at 11.09.08 AM.png
 
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