The thing that scares me the most about APT is when we face an...

  1. 142 Posts.
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    The thing that scares me the most about APT is when we face an economic downturn.

    Bad debts will rise. At the moment, they are about 0.8% of underlying sales, which is imo a very low figure. I can just imagine investors backlash when/if that figure creeps up to 2% then 3% then 4% and onwards.

    Does APT have anything to mitigate this?
 
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