RE: Absolute silence15 Sep 2020 13:46
Expecting profts to be c. 20m, down more than 60%. EPS probably down 50%. Cahflow and debt will be interesting after a poor year due to weather. Banking covenants will be under pressure at the mid year following a poor year this year - chose not to pursue the acquisition of a distributor in Brazil - suggesting cashflow pressure. The share should bounce this year, but heavily dependent on weather, with exposure in Ukraine to uncertainty. Seems like there are better returns elsewhere.