RE: Trading statement19 Feb 2021 11:38
Only 6 days to go Doyezee and we'll know. I can't see the results from the West being great but I'm looking forward to China's results. China recovered incredibly well from the pandemic. Sales in Q2 were 7% up on Q2 in 2019. By Q3 they increased this improvement to a whopping 29% up on the same quarter in 2019. I suspect that improvement of another 22% may have been due to DBX sales. You'll probably recall that around about November/December time, Stroll stated that demand in China was phenomenal (gangbusters), something that he didn't say when delivering Q3 results, which indicates they have definitely gone up again. Stroll does not tell porkies...he's a man of his word (anyone who saw him make his Statement to the media about the RP 15 point penalty will know exactly what I mean!!) If he says demand in China is phenomenal, I believe him. That's why I'm excited about next weeks results. Of course it's only my opinion, I may be wrong