Quote Originally Posted by winner69 View Post
Metro making the most of the current building boom

A couple of more years left in this cycle so more good results to come

https://www.nzx.com/files/attachments/248462.pdf
Solid result, but probably not exceeding expectations. Despite a 23% increase in revenue is NPAT up by just 5% (evil taxman ...) and the increase in liabilities compared to 6 months ago is quite significant (I suppose to buy into their Australian adventure).

As well - while the revenue growth looks good, it is not quite what the analysts predicted for the FY (though admittedly - for the FY there will hopefully be a larger contribution from the Australian branch, i.e. FY predictions might still work out).

Not sure, I expect the SP to shoot from here into the sky ... might even slightly dip (after the initial excitement is over).

Discl: hold (a wee parcel)