@neoteric
Hi,
I don't find that easy to conclude about EZZ quarterly cash flow.
It is true that there was a significant improvement of their Q2 cash flow.
Rather unexpected.
But it is mainly due to the decrease of marketing costs.
The sales trend is not great, at only + 16.6 % for receipts (significant slowdown).
Sales were even flat if we exclude the impact of the Global Shopping Festival.
