UK and US businesses will be the key if they have scale to grow.
Mixed bag though. UK flat revenue with improved EBITDA. US disappointing. Been hoping to see significant growth in both these markets for 18mths.
The Aussie business is mature and fragmented.
They need to leverage the exchange rate. There was a small taste of that which shows what can be achieved.
Personally I'd prefer to see them grow in Singapore or Hong Kong than acquire more Aust assets.
Was hoping for better.
UK and US businesses will be the key if they have scale to grow....
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