BAL 0.04% $12.88 bellamy's australia limited

Are you expecting sales momentum from H2 FY18. If so, the result...

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    Are you expecting sales momentum from H2 FY18. If so, the result is not as bad as first thought.
    Maybe we could be as high as:
    $162m revenue
    $69m gross profit (based on 42.5% GP margin)
    $65m gross profit (assuming a further $4m provision and an overall $10m stock write off)
    $37m EBITDA (assumes similar expenses to H2)
    $26m NPAT

    If this was achieved expect a major spike come 27 Feb.  This would show increasing normalised NPAT for 3 quarters straight.
 
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