RFG retail food group limited

Ann: Capital Management Update, page-9

  1. 1,521 Posts.
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    One way of looking at it is that RFG pumps all its profits (and FCF) into the Wendy venture. Potentially RFG could generate a $15-$20m cash injection into Wendy per year, so long as its other brands don’t need propping up. Michel and Brumby are trouble spots imo.
 
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