Pepco IPO Is on Hold, Not Off the Table, Steinhoff CFO Says

Pepco IPO Is on Hold, Not Off the Table, Steinhoff CFO Says

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Business

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The transcript discusses the company's debt restructuring and the postponement of the Pepco IPO due to market conditions and COVID-19 impacts. It highlights the performance of European operations, particularly Pepco and Poundland, and identifies France as a trouble spot needing restructuring. The company has faced challenges with auditors and financial reporting, leading to increased advisory fees. The focus is on stabilizing operations and reducing costs to improve cash flow.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event occurred in the past year that affected the company's operations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current status of the Pepco IPO?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the COVID-19 crisis impacted the company's trading and operations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Which region is currently facing significant pressure in terms of business performance?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the company face with its auditors during the restructuring process?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken to manage the company's debt restructuring?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company plan to reduce its advisory fees moving forward?

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