External broker reports(aggregated public sources), Taylor Collison

Taylor Collison

Taylor Collison is a leading financial services firm, providing advice & wealth creation strategies to private & institutional investors and corporate clients throughout Australia. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul>
<li>The CMI acquisition almost makes this result moot, but we can’t help feeling slightly underwhelmed.</li>
<li>Organic sales growth was a mere 3% in the absence of major project supply this half. &gt;20% adj.</li>
<li>NPAT growth was driven by gross profit margin expansion linked to a higher day-to-day business skew, which will mean revert next half.</li>
</ul>
<p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>


The CMI acquisition almost makes this result moot, but we can’t help feeling slightly underwhelmed.
Organic sales growth was a mere 3% in the absence of major project supply this half. &gt;20% adj.
NPAT growth was driven by gross profit margin expansion linked to a higher day-to-day business skew, which will mean revert next half.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

IPD Group (IPG) - Organic Sales Blip No Cause for Concern