Trouble is, we are going to have to strip out revenues and profits from a newly-acquired civil water pipe business.
And I am not sure how representative the current 9 months will be in terms of getting a feel for the true underlying performance of that business.
So I wouldn't even know how to begin modelling Viadux.
Do you have any feel, @MarsC, @eternalgrowth, @Warrigals, @travelightor? Anyone?
Does anyone have any feel whatsoever for things like:
- How much did Reece pay for it?
- What Revenues does it generate, and at what margin?
- How much capital does it consume?
- What are its overheads?
Ann: Sales & Profit Announcement, page-5
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