Hilarious angle the Sky Report.
Almost the entire focus was on Consumer which represents around 17% of headline EBITDA and is a low margin business. Frankly I'd be content if they exited Consumer entirely.
Enterprise & Wholesale, for all intensive purposes, is the business at around 72% of headline EBITDA operating at cash cow margins, yet it barely got any airplay.
Watching that was the biggest waste of four minutes I can think of. No-one's resigning. Forget that. They're just hunting nervous shareholders and tightening the register.
Its almost like they said to Horth pre-interview "Are you happy to focus on the non-core areas of the business that are under the most pressure and avoid telling people what they need to know?"
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