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Another Premium update from the trucking industry, another troubled company, this time out of Budapest.

Waberer’s

Two key developments for Waberer’s have been under the radar in the past few weeks: net leverage is crucially falling (on paper), while the Hungarian trucker also appointed a “new” CFO at the end of last month.

Hit by Covid-19, its performance wasn’t as bad as feared under any worst case in Q1 ’20, although the full extent of the damage will become visible on 6 August when ...

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