At its recent capital markets day (CMD), Tungsten reiterated its financial targets and presented some of the measures it is undertaking to achieve them. If the business develops as it expects, Tungsten believes its current cash resources should be enough to allow it to meet its targets, while the cash resources tied up in its bank give it leeway. Tungsten is renewing its invoice financing initiative with a new, experienced leader to start in April 2016, with a wide-ranging strategy for winnin
24 Feb 2016
EBITDA breakeven forecast reiterated
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EBITDA breakeven forecast reiterated
- Published:
24 Feb 2016 -
Author:
Peter Thorne -
Pages:
8
At its recent capital markets day (CMD), Tungsten reiterated its financial targets and presented some of the measures it is undertaking to achieve them. If the business develops as it expects, Tungsten believes its current cash resources should be enough to allow it to meet its targets, while the cash resources tied up in its bank give it leeway. Tungsten is renewing its invoice financing initiative with a new, experienced leader to start in April 2016, with a wide-ranging strategy for winnin