James Cropper Secures Covenant Adjustments
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James Cropper Secures Covenant Adjustments

James Cropper (GB:CRPR) has released an update.

James Cropper PLC has successfully negotiated amendments to its banking covenants, ensuring financial flexibility until the end of 2024. This move, backed by lenders who support the company’s stability during challenging trading conditions, will maintain sufficient financial headroom. The company, a leader in Advanced Materials and Paper Products, will release its audited results for the year ending March 30, 2024, in July.

For further insights into GB:CRPR stock, check out TipRanks’ Stock Analysis page.

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