While Q319 results confirm the anticipated issues in Electromobility (Voltabox), with a more robust performance from the automotive segments (Electronics and Mechanics), there are signs that management is addressing the shortcomings. Indeed, some more positive elements are evident at this early stage, notably the trade receivables reduction as planned. A more prudent view of growth with stronger profitability and positive cash flow is indicated by initial FY20 guidance. The challenge now is t
27 Nov 2019
paragon - Seeking sustainable growth
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paragon - Seeking sustainable growth
While Q319 results confirm the anticipated issues in Electromobility (Voltabox), with a more robust performance from the automotive segments (Electronics and Mechanics), there are signs that management is addressing the shortcomings. Indeed, some more positive elements are evident at this early stage, notably the trade receivables reduction as planned. A more prudent view of growth with stronger profitability and positive cash flow is indicated by initial FY20 guidance. The challenge now is t