Corporate finance: Struggling corporates should face their troubles

Time won’t solve problems; Transparency is paramount

 Jacques Gounon, Eurotunnel

“If you are trying to simply push the ball away you are dead. You must recognize your problems. There is no situation that time alone will solve”

Jacques Gounon, Eurotunnel

Given the dire projections of corporate distress due over the next few years, companies poised to attempt restructuring would do well to listen to those that have gone before. Restructuring is always difficult and painful but it is hard to find a company that has gone through a tougher restructuring than Channel Tunnel rail operator Eurotunnel.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access