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Tuesday 05 September 2017 by FIIG Research

Company updates

PMP - FY17 results as expected with merger and rationalisation successful

THIS CONTENT IS SUITABLE FOR WHOLESALE INVESTORS ONLY

While in a declining industry, PMP’s continues to participate in industry consolidation to improve its position. It has a conservative financial policy which seeks to maintain minimal net debt. The group generates solid free cashflow and expects to be net debt free by FY19

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