Totally agree. LVT need to respond fast if they are to meet...

Totally agree. LVT need to respond fast if they are to meet their stated new No 1 objective of no more raises. There is no way known the growth slowdown / probable recession doesn"t hurt them on the top line over the rest of this calendar year regardless of fanciful notions of virus-led demand surges. Only way to avoid yet another crappy cap raise is to cut costs niw and that means culling heads IMO and doing it quickly. Personality i dumped anything i couldn't be 100% certain of avoiding another c(r)ap raise in the next 12 months last week.