Considering the summer’s share issue, autumn’s acquisitions, platform integrations, indebtedness and high interest expenses, as well as the weak cash flow conversion, one could ask whether it is now the time for Verve to digest its debt load and if Remco believes the entity is “ready” for strong profitable growth, or will we still see add-ons from the market to complement the offering? In other words, should investors prepare for M&A activity in the near future, or is it now time for a breather to allow leverage to reach target levels?
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