Casino Dividend Cut Part of Deleveraging Strategy, CFO Lubek Says

Casino Dividend Cut Part of Deleveraging Strategy, CFO Lubek Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses a retail company's strategy to reduce debt through deleveraging, dividend cuts, and asset disposals. The company has successfully reduced its net debt significantly over the years and plans to continue this trend. Despite seasonal fluctuations in debt levels, the company is confident in its cash flow and budget plans. Investor concerns about the sufficiency of these measures are addressed, with the company asserting that its targets are consistent and achievable.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the net debt amount in 2014?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much was the net debt reduced by last year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the target net debt by the end of next year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total objective of the disposal plan mentioned?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected cash flow improvement for this year?

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