RE: Is this new or old, City am article today27 Jan 2024 09:04
Good find, mystic1076, thank-you for sharing.
Having read the article, it is clear that the individual brands are all working hard to trim their operations and many are making headway in arresting losses. It at least gives me some sense that there could be a meaningful turnaround before it is too late. In all, I take the article as being positive.
What baffles me though, is why the group management can't manage to report on time, and why they aren't moving heaven and earth to emphasise the positives, such as the profitable brands, those with increasing revenue, and those with decreasing losses. You know... the kind of good press which inspires confidence in business prospects.