Was going to post latest AFR article but unfortunately lost access. But to summarise, if they can’t find a fault they’ll invent one!
After FY they were all complaining a2 was spending too much on marketing resulting in reduced margins. Now they’re complaining we are not spending enough and shouldn’t be too concerned with margins!
Then mention Sam Teeger still banging on about reducing margins.
They say Jayne was pressured by market to reduce marketing to improve margins yet my understanding is margins have improved due to price increases and FX gains etc
What a load of rubbish imo
Hold on and don’t sell to the shorters!
Media Updates, page-3402
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