XTRA:GLJDiversified Financial
Grenke (XTRA:GLJ) Stock Can Profit Growth Ease Debt Doubts
Grenke walked into this earnings season with a bruised share price, down over 11% in three months, and a reputation as a low P/E cash flow story that still carries debt concerns. The stock closed at €11.12 today. That looks cautious given what the quarter just showed. Q2 revenue reached €181.809 million and basic earnings per share came in at €0.36. The headline is simple: profitability in the core leasing business looks solid on recent numbers while the balance sheet and cash coverage...