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There was an indication but it was very subtle and easy to miss-...

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  1. 286 Posts.
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    There was an indication but it was very subtle and easy to miss- see the change in the outlook statements in their presentations from FY results in Aug to AGM in November. They removed the word 'partially' which indicated a deterioration in outlook.

    25 Aug 2017 FY Results: Outlook statement
    In FY18 we expect continued sales growth in non-amalgam products (70% of sales), partially offset by ongoing weakness in the market for amalgam

    25 Sept 2017 Investor roadshow: Outlook statement
    In FY18 we expect continued sales growth in non-amalgam products (70% of sales), partially offset by ongoing weakness in the market for amalgam

    17 Nov 2017 AGM Presentation: Outlook statement
    In FY18 we expect continued sales growth in non-amalgam products (70% of sales), offset by ongoing weakness in the market for amalgam
 
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