I had to be cynical when I read this in the annual report.
Given the deterioration in share price and operating profit, the Board considers
traditional measures such as TSR and EPS performance relative to a peer group is not appropriate until such
time as the Company returns to a level of consistent financial performance. Accordingly, the Board has
determined absolute financial (EBITDA) and share price performance hurdles are more appropriate.
Nice work if you can get it
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