more interest rate rises across the board - .25% here and in the US. ECB are expected to increase rates by 0.25 to 0.5% again tonight. More money that goes straight to EML's bottom line. In one of their earlier reports as noted below (hopefully still correct?), a 1% increase in all jurisdictions leads to $15m increase in EBITDA. If ECB rasie 0.5% again tonight that's another $4m EBITDA on an annualised basis.
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Ann: New Leadership, Operational Priorities and Strategic Review, page-63
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