Mailpac Q4 Dec 2020 Profits Up 20.2% to $442.7m

Mgmt says projections in prospectus exceeded?

▪️Sales⬆️41.5%
▪️Mgmt says they had a significant spike in ?volume (which lead to increased costs?charter ✈️& other freight)
▪️Opex 25.9% higher. Costs to manage growth
▪️Profits ⬆️20.2% to $442.7m

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