In addition,
Whitelight capital attacks again carrefour:
It is a new attack by Whitelight Capital. However, This morning. Furthermore, the activist who had already distinguished himself with a study at the wobbly methodology a few weeks ago on the franchise (review here). Moreover, The subject is this time possibly more disturbing: nothing less than the sincerity of the accounts. In addition, Whitelight suggests (this is the word used). Whitelight suggests that “The real debt of the Carrefour group would be underestimated by around 1.5 billion euros“.
In detail, suspicion covers 1.1 billion euros in factoring operations in Brazil not reflected in consolidated debt. 360 million systematic extension of supplier deadlines at the end of the whitelight capital attacks again carrefour year. Consequently, calculated Whitelight, “The group’s net/ebitda debt ratio would go from 1.9 (official) to 2.2 after our adjustments, positioning Carrefour among the most indebted European distributors“.
Obviously. the new attack reflects both the concerns of a shareholder (which Whitelight says it is) and translates a communication operation which aims to install the idea that there is casino at Carrefour. Insincerity and, in doing so, fragility. This morning, the opening of the scholarship will obviously be closely followed. Thursday and Friday the action had cracked the € 12. Unheard of …
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whitelight capital attacks again carrefour — Whitelight capital attacks again carrefour: It is a new attack by Whitelight Capital. This morning. the activist who had already distinguished himself with a study at the wobbly methodology a few weeks ago on the franchise whitelight capital attacks again carrefour (review here). The subject is this time poss.
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