Its very low margins have always been the problem. The higher the turnover the higher the costs. I guess the game plan was to buy buy buy revenue and then hopefully build some efficiencies and improve margins. Macro economic environment has ruined this game. THM numbers better be better than they expected otherwise this business is going to eat up all its debt facility very quickly. I think a fire sale of some brands is not too far off. Baileys milk drink will be sold soon imo. They have been spooking that a bit.
Its very low margins have always been the problem. The higher...
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