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FirstCry to focus on profitability, cash flow; will invest in Middle East biz to raise Ebitda - MSN
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FirstCry to focus on profitability, cash flow; will invest in Middle East biz to raise Ebitda - MSN
28 October 2024
Brainbees Solutions, which operates the omnichannel kids' wear retailer FirstCry, will focus on profitability and cash flow management following its initial public offering (IPO). To achieve this, the company plans to direct its investments toward its international business in the Middle East, particularly in Saudi Arabia, in terms of earnings before interest, tax, depreciation, and amortisation (Ebitda), Supam Maheshwari, cofounder and CEO, said on Thursday.
Brainbees Solutions, which operates the omnichannel kids' wear retailer FirstCry, will focus on profitability and cash flow management following its initial public offering (IPO). To achieve this, the company plans to direct its investments toward its international business in the Middle East, particularly in Saudi Arabia, in terms of earnings before interest, tax, depreciation, and amortisation (Ebitda), Supam Maheshwari, cofounder and CEO, said on Thursday.
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