Dairy will do well this 1/2. New facility should be operating for liners.
Pumps will do well with shale gas in US.
Other industrial products may be under some pressure due to weak Australian/US housing/construction market and weak industrial production in Europe region.
David Mair is an operations efficiency guru who will drive margin improvement even if there is little top-line growth.
Expect to see moving into a net cash position and for potential acquisitions to be made. DM also prefers low leverage so no special distributions should be relied upon.