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Ann: FY 2019 Q1 Trading Update, page-8

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  1. FY1
    199 Posts.
    lightbulb Created with Sketch. 15
    Lower Sales in F19 that were below F18 and F17.Profit deliverd by cutting non- performing overheads added back in July 2016 and advertising. New brand Discovery World discountinued after 1 year in the market. HOW IS THIS AN ACCEPTABLE PERFORMANCE? Noticed that Walmart performance is not even mentioned but claimed increased distribution in all channels. HOW CAN YOU DELIVER LOWER SALES WITH A SIGNIFICANT INCREASE IN DISTRIBUTION? How does YOWIE PERFORMANCE COMPARES TO KINDER IN AUSTRALIA AND THE US?

    THE STORY CONTINUES ....... Next quarter maybe the one when real results will be delivered???
 
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