Vista expects positive cash flow in second half

Thu, 24 Jun 2021

Vista Group International said its cash flow is improving steadily as cinemas around the world reopen and that its average monthly cash burn will now be below $2 million for the six months ending this month."Since early May, Vista Group's cash receipts have exceeded expectations, resulting in its current cash flow approaching neutral," the company said."On the assumption that the current trajectory of cinema openings is sustained in key markets, Vista Group expects its cash flow position to track positive for the second half...

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