RE: Forecast 202523 May 2024 07:44
Net debt1 at the end of 31 March 2024 was €4,790.2 million vs €3,892.8 million at the end of 31 March 2023, while the Company's leverage ratio1 (net debt to EBITDA) decreased from 29.0 at F23 year end to 4.0. Over the same period, liquidity1 reduced to 29.2% per cent from 36.2 per cent
Mmm… not sure how the markets reacts, these days many positive updates went down the drain at opening. Net debt seems high to me, hope for a positive start based on lower inflation prediction