Don't you mean 6%? Yes, still a good match to @madamswer's...

Don't you mean 6%? Yes, still a good match to @madamswer's prediction.

That said, I don't see how the market sees this as some kind of affirmation about much at all. Revenue growth - yeah sure. But on my numbers about 4% of that "growth" is explained by AUD depreciation relative to the USD & the Euro (though to be fair, there was a substantial Brazilian exchange rate headwind).

But really, we are talking about a net margin in the HY FY19 that has roughly reverted back to H1 FY18 levels - thanks mainly to currency moves, I would imagine. But H1 margins are so slim (due to seasonality), that any little murmur in currency, or in the tax rate (which gets whipped around for all manner of reasons), or in R&D spend (which also impacts the tax rate) - will send the bottom line in all manner of directions.

So, I really am unaware about what fresh news the market is seeing here. I mainly see noise.