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SCR [Non-rated] - Revitalization after a prolonged restructuring - Visit Note

Company Research

23 May 2016

We recently visited SCR and noticed significant improvements in its financial structure and product portfolio after restructuring. Excellent 2015 sales progress allowed SCR to clean up long-pending inventory and solidify cash flow while sales prospects of existing projects appear promising. SCR was a textbook example of failure in 2011-2012 crash with overleverage and inappropriate product offerings.
Tags: SCR

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