This result is disappointing as they have increased their cost estimates. Anyone hoping for a better result is going to walk away disappointed.

235

There's going to be some disappointment in the Big W result, but that is going to be largely offset by continued strength in the hotels division. Hotels seems to go from strength to strength.

159

They've been delivering at least a 20 basis point improvement in costs year in and year out, and while that has to stop sometime, it isn't going to be this year.

139

If they are able to maintain margins at anywhere near a historical level, they are going to shoot the lights out with a cracking result.

117

The top-line growth is pretty solid. They're continuing to get their cost strategy right.

104