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

Corrosion concerns

11 August 2016 By Olaf Storbeck

Despite raising capital three years ago and cutting costs successfully, the German engineering group is making little headway in repairing a flimsy balance sheet. Meeting a key credit covenant is again becoming a stretch, leaving it ill-prepared for potential future headwinds.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)