Mon 08/01/2022 11:42 AM
Cerelia earnings coverage from Reorg's EMEA Core Credit
team. Full coverage on Cerelia available to Reorg subscribers is HERE
Cerelia’s net leverage went into double digits in May as its earnings slide accelerated, sources told Reorg. This is because raw material inflation continued to outpace the French chilled dough and pancake maker’s efforts to push through price increases.
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