FMCG firms’ debt pile eats deep into margins

FMCG firms’ debt pile eats deep into margins

Fast Moving Consumable Goods (FMCG) Firms debt pile has eaten into profit margins, raising concerns as to whether free cash flows will cover obligation and dividend payments. This means firms may have to deep into their cash to pay debt, sacrificing expansion plans such as the acquisition of new technologies. Gearing, a measure of indebtedness…

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