The FY14 results confirmed impressive progress against all performance targets set for the first year post IPO. Phase one, restructuring, is now complete. The emphasis now switches firmly to portfolio growth. During the first 12 months management has cleaned-up and stabilised the business, restructured debt, grown rent and improved net cashflow. It now has €95m of cash ready for EPS and cashflow enhancing acquisitions, and a €250m pipeline of potential purchases keeps its strategy o
05 May 2015
2014 on target; set for acquisitive 2015
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2014 on target; set for acquisitive 2015
The FY14 results confirmed impressive progress against all performance targets set for the first year post IPO. Phase one, restructuring, is now complete. The emphasis now switches firmly to portfolio growth. During the first 12 months management has cleaned-up and stabilised the business, restructured debt, grown rent and improved net cashflow. It now has €95m of cash ready for EPS and cashflow enhancing acquisitions, and a €250m pipeline of potential purchases keeps its strategy o