Hippo Valley in cash generation drive

“Focus in the second half of the year remains to translate increased operational performance into improved cash generation and resultantly maintain a sustainable level of borrowings with a target to reduce cash flow pressures at the start of the ensuing year.”

SUGAR producer Hippo Valley Estates (Hippo Valley) plans to increase its operational efficiency and boost cash generation as it seeks to ease pressure on borrowings.AdvertisementsThe Zimbabwe Stock Exchange (ZSE)-listed group had net borrowings of US$10,9 million in the six months ended September 30, 2024 which was 16 percent above the comparable period prior year of…

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