Another Premium update from the trucking industry, another troubled company, this time out of Budapest.
Two key developments for Waberer’s have been under the radar in the past few weeks: net leverage is crucially falling (on paper), while the Hungarian trucker also appointed a “new” CFO at the end of last month.
Hit by Covid-19, its performance wasn’t as bad as feared under any worst case in Q1 ’20, although the full extent …
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Source: The Loadstar