Well they have stuck with their guidance, but q1 sales look terrible in CC. 15H2 was up about 11.6% by my sums on pcp, and 16q1 down 1%. Can't really work out the comparable from the prev 14q1 very reliably - but organic growth was 3% with no explanation as to how that number was derived.
I shorted them today, but a lot is factored in, so may not stick with it for long.
Well they have stuck with their guidance, but q1 sales look...
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$33.16 |
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