The true performance of WHIreland (“WHI”) is obscured by a raft of exceptional costs, some of which have been quantified and some of which, particularly double-running costs during the changeover of their back office systems, are just included under “administrative expenses”. So we consider the £0.4m operating profit before exceptionals to be very conservative.
29 Jan 2018
Overcoming distractions
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Overcoming distractions
WH Ireland Group plc (WHI:LON) | 4.2 0 0.0% | Mkt Cap: 10.0m
- Published:
29 Jan 2018 -
Author:
John Borgars -
Pages:
4
The true performance of WHIreland (“WHI”) is obscured by a raft of exceptional costs, some of which have been quantified and some of which, particularly double-running costs during the changeover of their back office systems, are just included under “administrative expenses”. So we consider the £0.4m operating profit before exceptionals to be very conservative.