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Home » Hippo Valley in cash generation drive
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Hippo Valley in cash generation drive

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“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.”
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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.The 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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