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Ann: Media Release December 31 2016 Results, page-3

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  1. Klogg
    1,701 Posts.
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    23/02/17
    17:07
    Post #: 22853213
    Actually, 2% up for total sales.

    The investment case is still correct. Total sales increasing in constant currency and a movement away from Amalgam sales. As amalgam tapers off, you're left with a set of products that are selling quite well.

    The NPAT is only so volatile because COGS (and other op expenses) don't move up/down as revenues do when currencies fluctuate.
    Last edited by Klogg: 23/02/17
    SDI Price at posting: 63.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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