re: News: DuluxGroup boosts H1 profit, foreca... Fair call guys, thanks for your thoughts. I appreciate it is a quality business and should be quite resilient in all economic scenarios (as it was in the GFC).
You're quite right re the cashflow comment, the half-year was average but prior years were significantly better. The free cashflow (by my calcs averages approx. $100m p/a, but should increase with Alesco acquisition) does need to support a $2.2bn market cap though...that's less than 5%. They will need a fair few years to reduce that debt burden at that rate.
I guess for me personally is not quite cheap enough to justify a position, and i see better value in other quality stocks (though not many to be fair).
- Forums
- ASX - By Stock
- DLX
- News: DuluxGroup boosts H1 profit, forecasts grow
News: DuluxGroup boosts H1 profit, forecasts grow, page-8
Featured News
Add DLX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online