RE: IC Article10 May 2025 12:39
Also from the earnings call transcript :-
We have seen a modest but important reduction in Covenant Gearing to 2.8 times from 3 times. And as you know, reducing debt and leverage remains our absolute priority and the sale of a School Bus represents an important first step towards that ambition.
A key contributor to the reduction in leverage in 2024 has been or much clearer focus on organic debt reduction, including more disciplined capital management. Whilst it is important to note that we have good liquidity and have no debt maturities for over two years, or options to accelerate debt reduction remain under active consideration.
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They are addressing the debt issue taking sensible steps to carry this out. Yet these muppets keep commenting on Bankruptcy on these boards. Manipulating cowards so they are