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clock Created with Sketch. 22/11/18
13:46
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Originally posted by mike31993
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if u look at the discontinued earnings those businesses actually earned 20 mill in operating cash flow but was depreciated massively. take a look at the current operating earnings its 39 mill because 20 belonged to those business it was just depreciation and stuff that caused huge losses in the income statment the thing about noni b as well its actual operating cash flow gets eaten because of the vast amounts of expenditure required for those businesses i dont know how they will do in the future but a huge ebitda dont mean much if expenditure takes in away. just look at the 2018 figures
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but i must admit the cost savings and how they expect ebitda to be 70 mill in 2020 is pretty insane
