From the half year report:
"Looking ahead to the remainder of FY2019, the directors advise that the current level of competition in two of our key markets - barrier sales and on-grid light poles - is intense, with pressure on orders and margins. We therefore advise that our total sales levels may remain at similar levels to the first half. "
In light of this, $1.2m NPAT for the year might be a bit of a stretch. But management is probably being cautious and conservative. In any case, I appreciate their up-front advice.
With so many avenues for growth (diverse product mix, domestic and international markets) I think the trend for sales and profits will remain firmly up over the next few years regardless of what happens in the current half.
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From the half year report:"Looking ahead to the remainder of...
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