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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by ana852456on Jul 09, 2016 11:44pm
203 Views
Post# 25038822

EURO-US dollar ,not pound sterling vs U.S. dollar

EURO-US dollar ,not pound sterling vs U.S. dollar
Euro-US dollar
https://leave.eu/en/europe

REFERENDUMS RULE THE DAY

Recent surveys have shown that 40% of Austrians, 42% of Danes, 53% of French, 58% of Italians, 54% of Dutch, and 38% of Hungarians desired a referendum on their nations EU membership. Polling also showed that around half of Danes, Dutch and Italians would vote to leave the EU if they were presented with a referendum today. 




Official response from Concordia regarding the impact of Brexit and the weakened pound came June 28th:
The depreciation of the pound sterling relative to the U.S. dollar does not impact the Company’s ability to service its debt and meet its earn-out obligations in 2016. Beyond 2016, the Company will monitor its hedging needs. 
 
“Operationally, our Concordia International segment is continuing to perform as expected,” continued Concordia Chairman and Chief Executive Officer Mark Thompson.


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