We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Hard to swallow

4 March 2008 By George Hay

Shares in the heavily indebted food manufacturer shot up 10% today after it struck a new deal with its banks and halved its dividend. But the company is eating into capex this year rather than its huge debt pile. If 2008 is as bad as last year, it’ll have to go back to its banks.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)