Net profit margin in FY17 increased from the past few years of 10-11% up to 13% bumping the ROE from hovering bw 12-15% up to 24% I believe. I wouldn't expect margins to stay this inflated however from what I've seen presentation wise auto parts retailers and even sporting goods retailers in the US and UK have continued to operate and even grow profits post Amazon so sector cloud could be lifted by some good tailwinds.
SUL Price at posting:
$7.92 Sentiment: Buy Disclosure: Held
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