Q: Hi Peter
every quarter they highlight growing sales and EBITDA, but it never translates to the bottom line
profit is flat
what is wrong with the company, that growth never comes out the bottom line?
also with 59% of revenue from the USA, why does it need to have currency hedges to protect itself from rising material costs priced in US dollars? --that should be a natural hedge
most quarters (except last one) those hedges are a drag on profits
and now they hedge interest rates too !!
thx in advance
every quarter they highlight growing sales and EBITDA, but it never translates to the bottom line
profit is flat
what is wrong with the company, that growth never comes out the bottom line?
also with 59% of revenue from the USA, why does it need to have currency hedges to protect itself from rising material costs priced in US dollars? --that should be a natural hedge
most quarters (except last one) those hedges are a drag on profits
and now they hedge interest rates too !!
thx in advance