MBNKF - Greenyard: A Death Spiral?
Introduction
Welcome to this new edition of Focus on Europe where a Belgian vegetable company sees its share price spiraling down after yet another profit warning. There doesn't seem to be a good solution for the company's issues and it will either have to sell a division or execute on a very dilutive capital raise to satisfy its lenders.
Did you miss the previous edition of Focus on Europe wherein Metro Bank (MBNKF) was discussed? You can re-read that article here.