Supermarkets
Moody’s ‘cautiously optimistic’ over Iceland’s future despite weak results
The agency believes Moody’s can reduce its debt and its Moody’s adjusted gross debt to EBITDA leverage ratio over the next 12-18 month
Moody’s has said it is “cautiously optimistic” over Iceland Foods’ financial future and prospects of tackling its bond debt, despite the group reporting “weaker” than expected results.
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