Monday November 30, 2020

Cashflow set to deliver results for INM

Since 2008, Independent News & Media has reduced its debt by €380 million, and will continue this trend in 2011

26th March, 2011

There were few glimmers of hope in terms of recovery in the Irish ad market when Independent News & Media (INM) reported its results last week, but the company is making progress in paying down its debt.

The media group has told the market that it can continue to reduce its debt thanks to free cash flow, forecast by analysts to be in the region of €50 million.

What investors are now wondering is whether...

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