Upbeat PPC is looking forward, having found firmer footing
Improved cash generation has helped the cement maker settle a further R309m in debt
23 November 2021 - 07:52
UPDATED 23 November 2021 - 15:56
PPC is shifting its focus to growth after SA's largest cement producer clinched a debt-restructuring deal that removed a major overhang on its immediate future.
The group will give details on its strategic direction in 2022, CEO Roland van Wijnen told Business Day, with only minor “housekeeping” left as PPC looks to close the book on a painful two-year restructuring exercise within the next month or so...
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