Did you see that Jim has steeped down as chair.
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Did you see that Jim has steeped down as chair.
Anyone got any thoughts on Delegats? It has always delivered its targets for many years but lately its growth has really slowed. Is it just a temporary Covid thing or something more permanent?
Good company, but I supposed they are doing their Ryman thingy (long pause after an amazing ascent). Covid actually did help them to increase their business. Given their pretty dear PE (nearly 30) and only modest growth rate (Earnings CAGR = 6) which well might slow down further after Covid, I'd expect the SP needs to take a long breather until they deserve the Share price the market is still prepared to pay.
FTG : IMHO, I think you are referring to DGL Group discussed in the other thread (DGC - DGL Group). Else ignore! :)
Not a great result this year. Holding steady but with ongoing impacts from increased supply expenses. Margins down. Next year's going to be better they reckon, especially if the supply issues smooth out a bit. 20% increase in case sales projected by 2024, so steady growth predicted.