Ann: FY18 Full Year Results - Investor Presentation, page-35

FY19 estimates are just that, estimates (my opinion based on reading the reports and my thoughts on the business). In no way is it financial advice or to be construed as fact. 35M profit is based on what I think is achievable given past performance and management's outlook/strategy as well as current business environment. You're welcome to disagree and that's completely fair.

All figures/numbers are taken from reports released by the company. I do note in some cases I may have rounded slightly and there is variation due to 52/53 week years which may not be accounted for accurately. It's a big picture overview not meant to be accurate to the dollar, I'm not reconciling their books.

Regarding the margin, I think I was getting tired at that point and confess that number is wrong on second look - it should be 56.3% I think I read the retail margin not group. I apologise.