The recent investor day confirmed the opportunities we see for ERM Power from an evolving energy market, which we expect will create medium-term growth potential especially for the Energy Solutions business. In the meantime, investors will benefit from strong forecasted cash flow generation, with total free cash flow over the period FY19-21 equivalent to c 40% of the current market cap. We expect this to be allocated in a balanced way between shareholders' remuneration and growth capex.Den vollständigen Artikel lesen ...
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