Deneb Investments warns of rough year ahead on grim economic outlook

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The group has opted not to declare a dividend for its year to end-March

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Deneb manufactures products for mining, agricultural. construction, automotive and retail industries. Deneb said it should be able to operate within its available facilities in accordance with its cash-flow projections, considering a range of Covid-19 effects. “We will endeavour to ensure that the group is geared for the economy that we have rather than the economy that we would like to have,” Deneb said.

 

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