03 September 2021 1 Min Read

NEWS LEADER

WATCH: Aspen slashes debt and reinstates dividends

Business Day TV spoke to CEO Stephen Saad about the company’s full-year results

in Companies by Business Day TV
Picture: BLOOMBERG/WALDO SWIEGERS
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Aspen’s disposal of its European thrombosis business has helped the firm to slash its annual net debt by more than 50%.

The debt reduction has allowed the pharmaceutical manufacturer to reinstate dividends at R2.62 after scrapping payouts before the pandemic.

Alishia Seckam spoke to CEO Stephen Saad for more detail.

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