Look at it this way using the wonders of mathematics. A 29% drop in profit this year could easily see a 40.8% increase next year using the lower base assuming they got back to last years normalised Profit. This gives them a fair bit of experimental money id say and a good sales lift of 4% next year could result in a 46.47% increase next year but given the self-insurance provisions possibly for Queensland flood losses who would be able to guess? Would anything around an increase of 30% be suitable or should it really be 46%?
All comments welcome if I've made any errors in thinking and also to add interest to Coles growth debate.
Look at it this way using the wonders of mathematics. A 29% drop...
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