And here it is: Lowell’s bragging slide this morning shows Pro Forma Cash EBITDA Leverage of 2.7x. Even collections are presented in a positive
Read MoreAtos have appointed three new directors, two at the behest of its largest shareholder Onepoint (11.4%). David Layani, founder and chief executive of Onepoint and
Read MoreAMS announced last night the loss of a cornerstone contract for its microLED strategy, rumoured to be Apple. This is a major setback for the Company and genuinely calls into
Read MoreAtos have released a pre-statement with some headline numbers and postponed their FY23 results until 20th March. Headlines will be dominated by the news that EPEI (Kretinski) is no longer buying the TFCo business, however, this was rumored to be
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Despite a strong 2022 comp, AML beat our Q4 expectations for Revenue and Adjusted EBITDA. The weaker-than-expected operational cash flow resulted from a
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Operationally, the business has continued to make progress with rental growth of 5.6% and occupancy increased to 98.4%. Additionally, driven by the rental
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As stated above, Heimstaden Bostad are not paying a dividend for FY23 and as a result, Heimstaden AB have deferred the coupon on the SEK Hybrid bond in April as well a
Read MoreThe company changed its legal form from GmbH to AG - in a clear sign of
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Operational results were in line with our Q4 forecast, but cash on hand was much lower (SEK4bn vs SEK10.6bn forecast). The lack of support from the Scandi banks is concerning, given the secured
Read MoreThe latest asset sales will leave SBB with cash to refinance maturities to September 26. More liquidity equals more time for SBB. The debt will be
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Telefonica’s impairment charge on its Virgin Media o2 (VMED) stake reflects the reality of higher rates in the UK. VMED had already guided for
Read MoreThe aggressive response to a localised dispute points to a desire to stamp out a fire before it spreads. According to ASDA, only 30
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The numbers published this morning had for the most part been previously released. So there is little to sink our teeth into. The company is tracking our model
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The company delivered results close to advertised - in particular regarding its turnaround program, which is encouraging of course. Members and sales however
Read MoreWe are wondering this morning about the health reasons that Chairman Stefan Kirsten cited as reason for his departure from the board. The timing is curiously
Read MorePrice support will continue to drag on margins in 2024. The latest plan to price match Aldi in certain products is an effort by Morrisons to regain
Read MoreA group of shareholders, 11.3%, have filed with the Court in Bologna seeking an appointment of an independent judicial director and removal of the
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