There is some seasonality with a history of the June half being the stronger.
Difficult to read too much into the announcement today. On the surface; I'm a bit disappointed by it.
Looking back through the years the tax has always been quite lumpy. Would be good to get some sort of understanding of this.
Will be interesting to see whether much of the change in NPBT comes from steming the bleeding in Brazil. Hopefully we'll get an update about the following and/or the approval very soon;
Lifted from the chairman's AGM address.
"Considerable work has been under taken at the site in Sao Paulo to gain GMP approval. It is expected that the approval will be received in 2015".
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