Last November (FY24 presentation), one of the online questions that was sent in asked about the self-funding situation for future M&A. It’s been quite a topic after recent years’ equity raises, and the question made CFO Davies smile.
The CEO made it clear that as a principle, Diploma should be self-funding unless an enormous opportunity pops up that warrants its shareholders having to look into it.
Enjoyed this one a lot. Any thoughts on Diplom's dilution?
Thanks, Ole!
Last November (FY24 presentation), one of the online questions that was sent in asked about the self-funding situation for future M&A. It’s been quite a topic after recent years’ equity raises, and the question made CFO Davies smile.
The CEO made it clear that as a principle, Diploma should be self-funding unless an enormous opportunity pops up that warrants its shareholders having to look into it.
Think they won't have to raise equity again.