RWC 1.61% $4.88 reliance worldwide corporation limited

Steady Decline, page-17

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    Also Macquarie
    ResMed Inc. (RMD AU)Taking a breatherKey points RMD’s 2Q19 result was below our forecasts, with revised cost guidanceahead of expectations. Americas growth remains robust, but with a moderation in RoW devicesgrowth anticipated over the balance of FY19. We see medium-longer term opportunities from SaaS acquisitions, but nearterm risks for the core sleep business. Retain an Underperform rating.
 
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