Ann: Half Yearly Report and Accounts, page-6

MB made this commitment for annual profit a few years ago. he got there but the company has either stayed flat since or now this year gone backwards. the recent update was not flagged in updates previously but has looked like an issue looming given the drop in market cap over time. having large goodwill when company market value has dropped is usually an area for rectification. not sure if they would be able to get a securitisation program going in the near term given strength of the balance sheet. MB contract is up this year. IMO.