Mon 01/23/2023 07:36 AM
Relevant Items:Valuation Based on Jan. 16 Business Plan (Excel Download)
Business Update Presentation
U.K. value retail group Matalan is facing immediate concerns about whether it has adequate liquidity, is able to absorb adverse working capital movements and withstand earnings pressure. However, if the group is able to navigate near-term headwinds over the coming months, management’s forecast shows the group’s credit metrics markedly improving with a clear runway to the maturity of its...
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