Some follow-up details after the 12 June 2019 conference call regarding the voluntary public takeover offer by KKR. Sticking to its growth investment strategy, despite lower revenue development than expected, management simultaneously revised downwards its FY19 expectations, highlighting that evolving within a tough competitive environment is requiring additional financial help. Going private would also obviously relieve the focus on short-term financial targets valued by investors… We
13 Jun 2019
Some follow-up details with regard to the KKR offer
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Some follow-up details with regard to the KKR offer
Springfield Properties PLC (SPR:LON) | 93.5 0 0.0% | Mkt Cap: 111.0m
- Published:
13 Jun 2019 -
Author:
Véronique Cabioc'h -
Pages:
3
Some follow-up details after the 12 June 2019 conference call regarding the voluntary public takeover offer by KKR. Sticking to its growth investment strategy, despite lower revenue development than expected, management simultaneously revised downwards its FY19 expectations, highlighting that evolving within a tough competitive environment is requiring additional financial help. Going private would also obviously relieve the focus on short-term financial targets valued by investors… We