RE: Baron Investments buying S4 Capital Shares19 Jun 2023 07:51
#SFOR Cash from ops last year of £97m,expecting that to shoot higher in 2023. These Cashflows that have been funding mergers/combinations end in ‘23 so cash stays in biz ahead ie rapid deleveraging. Recent weakness sending PE to a mere 7x for ‘24 and a boon for upcoming buybacks
@baroninvestment