WORLD TELEVISION - Delivering the Message

3P, re post 6144.

Good post, but I'm not sure I agree with your reasoning re Kamera.

The 1st half included the full sales contribution from Kamera (as far as we know) whereas the 2nd half will only include 22.5% of sales. Therefore, rather than adding an extra 22.5% of Kamera sales, the second half will include a reduction of 77.5% of Kamera turnover.

The difference may explain Brewers' low estimate for the second half. Needless to say, we can't say if that explains the full difference because WTV in their wisdom haven't let us know Kamera's turnover.