Quote Originally Posted by winner69 View Post
This slide from full year announcement is pretty awful - H217 profits down 18%

Wonder how bad the slide will look for for this half year - especially in context of AGG contribuzting $4m plus ebitda v last year
Sure - but pretty old news, isn't it? Their story is that they had problems to get these new toys they installed before Christmas to run ... and had to introduce three shifts during the busiest time of the year to keep up with demand. They still made the revenue growth but had to pay lots of overtime to make it ...

So, yes - we do know why their NPAT dropped - and (unless you have better information) I don't see why we should not believe them. Sounds like a one-off problem to me.