DHG - Disappointing Q3 sales despite advertising ramp-up - Earnings Flash
  • 19 Oct 2017
  • Company Research
DHG’s net revenue and NPAT grew 4% and 6%, respectively, in 9M 2017 vs 9M 2016. In-house product sales disappointed, posting a decline of 5% in Q3 2017 vs Q3 2016 even though advertising expenses surged 56% in Q3 2017 vs Q3 2016. This result trails our ex