Velocity works in both directions3 Feb 2025 11:52
Awaited this statement with interest but the news coming out hasn't been positive for a long time now. The big spend on velocity just keeps shoving up the debts and consequent interest costs. It's always "things will be better next year" and I'm afraid that's a CEO that's hoping and praying rather than providing concrete evidence of success.
The dividend looks like it'll be scuppered too now but can't sell at these levels so I'll see what happens and hope and pray too!