RE: results1 May 2017 12:43
revenues are likely to be up, as last year did not include knighton sales, estimated to add around £40m to this years total, but little or no profit, extract the sales drop this year, the company may still say 2-4% growth, in fact having a disgraceful and liar ceo we have, he will use this to say he met his sales targets ( so roll out the red ****et for the mega bonuses).
The problem is the profits, but it is not clear if the profits is 10% drop from last year, or 10% drop from what they expected, as they do not publish what they expected, I am sure Darby will use this to his advantage.
All they are saying is debt will be £525m.
Darby will do his best to make the selected numbers in the slides to look fantastic, but the media will destroy the results as all darby can use is fake news as he lacks skills for the job ( we should request his time-sheets to see how much he actually attends the office)