Fri 12/03/2021 10:23 AM
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Weener’s earnings recovered in September as price increases and cost savings helped the Dutch plastic packaging group absorb high resin costs and a slight drop in volumes. As a result, the group came close to breaking even in terms of free cash flow generation despite continued working capital build-up, sources told Reorg. To view the relevant documents linked as well as our EMEA Core Credit team's coverage of thousands of other stressed/distressed debt situations including our Weener...
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