Sun shining past a major trendline
SUN.N0000 is an aggressive growth company growing through M&A's. With margins under pressure due to the economic crisis in the country SUN was not able to perform as expected however going forward they will be able to improve margins with the economy recovering, this along with a reduction in lending rates is expected to significantly boost net income for the group.
For the previous quarter net finance cost stands at 25% of EBIT (FC ->34% , FI -> 8.5%)
For the previous quarter net finance cost stands at 25% of EBIT (FC ->34% , FI -> 8.5%)
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