TOUGH ROAD AHEAD FOR EL­LIES

Finweek English Edition - - SIMON SAYS -

The El­lies re­sults were as ex­pected – hor­rid – but now the re­ally hard work starts for the com­pany. Its debt is more or less sorted; the rights is­sue done (even if it was a close call) and next up is the split­ting of the com­pany. This busi­ness then needs to get back on track by mak­ing prof­its and win­ning back in­vestor con­fi­dence.

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