The company upgraded its current year growth forecast in February 2017 for both NPAT and EBITDA from 30%+ to 32.5%+
Its stated strategy is to increase stores from 2,048 in December 2016 to 4,650 by June 2025, so if it can execute on this plan, it sounds like plenty of growth still to come.
But agree with you, that it is difficult to maintain high growth rates. That's why I was surprised DMP was punished so badly, when it only achieved 30% NPAT growth when it last reported.
The company upgraded its current year growth forecast in...
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Last
$32.71 |
Change
-0.440(1.33%) |
Mkt cap ! $2.865B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.19 | $32.60 | $3.084M | 93.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22 | $32.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.71 | 93 | 5 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| DMP (ASX) Chart |
