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05 Jun
15:58

Ferrum initiates strategic review after sinking to loss

Ferrum is conducting a review of “… strategic options” at the request of its supervisory board, says the Polish pipemaker. This comes after it turned to a net loss in the first quarter despite a surge in revenue. Following Ferrum’s restructuring in 2018, the supervisory board is seeking clarity on how the firm plans to “… ensure an optimal financing structure for the group's main business segments in the context of maxim…
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