Yes a solid company. Will continue to make decent profits.
Punters get carried away about all this talk about investing in their brand, innovation, new products and investing to improve efficiencies etc and assume that all those things will boost profits (markedly?)
In reality those things are the cost of staying in the game (don’t do them and you gradually die) and really only maintain profitability. After all no matter how much they talk about premium products aren’t they still dealing with a commodity product. That’s why they continually ‘have ongoing challenges around pricing’
Current performance plus or minus a bit is about as good as its going to get I reckon.
same comments apply to Metro Glass
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