Just one clarification to a few of the posts.In the FYE 2011,...

Just one clarification to a few of the posts.

In the FYE 2011, ASG had a strong bias towards the second half in terms of earnings and cashflow.

EPS for the first half (i.e. the PCP for the resulst just released) was 4.05c versus 5.62c for the 6 mths ending 30/6/11.

With respect to their outlook (refer pg 21 results presentation) they note the following:
"Continued growth in revenue, EBITDA and NPAT for the first half, expecting a stronger second half with continued growth on pcp"

This implies growth versus the pcp of 5.62c. Acordingly the target should be in the region of 5.7c to 6.0c which would achieve full year EPS of circa 10c.

I am presuming hey will do a half year results presentation which should give us further clarity.