Interesting as well to see point 7 on page 15 of the presentation
https://s3-ap-southeast-2.amazonaws....073/264199.pdf
While I realise that the last upgrade (in November 2016) created some initial havoc (they met the demand, but had to pay for lots of overtime) ... just wondering - why do we assume that this investment would not improve mid and longterm their margins?Quote:
Upgrade key processing capabilities to support growth and meet market demands
– The majority of new equipment will be installed over the 2017 Christmas shut down
– These investments will deliver improvements in capacity, capability, quality, reliability and cost from the start of FY19
– Ensures that Metro Glass’ product offering remains at the forefront of the industry