Q3 20: not so bad, but all eyes are on the financial restructuring
-"Q3 results were decent
Cost-cutting, the higher contribution of the iron-ore mine and some mix impact have all helped
The negotiations on the financial restructuring (debt-to-equity swap) are only ..."
You may also be interested by these reports :
We had taken on board the tax carry-forwards too early instead of spreading them over the coming years, landing with an over-estimated level of taxes ...
We have updated our model on the back of the release of the FY19/20 numbers. Given the low level of profits (losses in fact), any change leads to ...
Despite the recent rally which saw the stock price reach our former target price, we remain positive on the stock after the group has demonstrated ...
The change in EPS is misleading insofar as the number of shares goes up very significantly with our assumptions on the debt-to-equity conversion. ...