How do you know it didn't.....and unless I missed something, they've never said that.
This is what they said on the 19th of December 2017 about the statutory NPAT, and then the update when he noticed that the master revenue can't be included in 1H18.
Statutory NPAT guidance
1H18 statutory results will include one-off costs of c.$7.0m post tax, including costs associated with the businesswide review commenced June 2017 and losses on disposal of corporate properties recognized in the period. 1H18 Statutory NPAT is currently expected to be c.$22.0m, compared to 1H17 NPAT of $33.5m. This result is dependent on the timing of finalisation of new International Master Licence sales and subject to heightened risk to franchise earnings, given the current adverse publicity. Noting the foregoing, it is difficult to predict full year outcomes for the Franchise segment under current circumstances. RFG continues to monitor trading results carefully and will update the market regarding revised full year guidance as appropriate.
On 19 December 2017, RFG gave guidance that it expected statutory NPAT for the first half of FY18 (1H18) to be circa $22.0m, with the final result for 1H18 depending upon the timing of the finalisation of new international master licence sales and the risk to franchise earnings. The Company has finalised certain new master licences contemplated by its announcement of 19 December 2017. Each of the UK licences are effective December 2017, however, given recent variation to an element of the commercial terms thereof (post 31 December 2017), the revenue derived from these transactions will now be included in RFG’s full year results for FY18 (but not for 1H18). Accordingly, together with further consideration of additional transactional matters impacting
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