We lowered our FY10-11 revenue projections by 1.2-1.5% after factoring in a slight delay in expansion plans. At the same time, we also lowered our FY10-11 EBITDA margin assumptions by 1.1-1.2%- pts, to reflect the time lag in passing on the cost increase to consumers.
RHBRI’s Monthly Stock Watch : Special Focus : Banking Sector - 30/07/2010
No comments:
Post a Comment