Ann: FY24 Results Media Release, page-2

Have had a quick look….better than market expected one would think, but highly leveraged….in terms of debt but also to any uptick in the economy

one wonders if they may need a cr, maybe why a bit of weakness, though of course on these earnings they don’t look cheap…..seems a big depreciation and amortisation charge, but their capex is likely to be large also…..drop in interest rates and/or a refinancing to take advantage of a drop in 2 and 3 year rates may yield significant savings

only on phone and don’t really know what fixed rates they already have etc