DDB 5.26% 18.0¢ dynamic group holdings limited

Ann: DDB - 3Q FY23 Investor Update, page-3

  1. 311 Posts.
    lightbulb Created with Sketch. 106
    Great results for the quarter but debt still needs to be reigned in. With capital intensive businesses like DDB, market will prob not like net debt being > 1.0x FY23 projected EBITDA, especially given current macro environment. Poses some risk if things don't go well.

    Need another strong quarter of cash generation in Q4.
 
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