EPISODE 282 - PAUL RYAN
Our guest on the Wednesday edition of the Morning Mail is Evans and Partners Head of Research Paul Ryan.
We discuss the QR National Ltd 2011 Financial Year result that was announced on Monday. While affected by wet weather, the underlying result was well above the offer document forecasts at the time of listing. Capital expenditure was lower which resulted in a lower net debt figure at 30 June. Paul discusses these issues and the result more broadly including management’s performance to date.
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