HMV Group makes Waterstone's pledge

Written By: Lisa Campbell Publication Date: Mon, 07/03/2011 - 09:14 HMV Group has moved to reassure publishers of Waterstone's future, revealing the bookseller is on track to achieve its predicted 2%3% operating margin by the end of its financial year. Tuesday's [1st March] trading statement by the HMV Group revealed it expected to breach a key bank covenant test in April and that net debt would be at least £130m. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-03-07 00:00:00 UTC ]
News tagged with: #financial year #net debt

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