floods, page-11

thanks yosef.

credit suisse says

"We estimate that this contract was set to contribute 10-15% of group earnings in FY11E. IDL has not given any guidance as yet as to the flood impact, however, we have assumed that it
will take 8% from FY11E forecasts, factoring in three months of losses"

I dont get it :/ Yes probably about 10% of revenue for the year, but 8% for 3 months? Fosters seems more realistic, minus 5 mill revenue. Tho suisse is right re. no recent contract wins, would be nice to see some.

Im more worried about a good overall half, rather than specific flood impacts.