RE:RE:RE:RE:EBITDA WATCHWhat they told me is what they told the public. They minutes of the AGM are surely available somewhere. Nothing confidential would ever be transmitted by them to me, as they know all too well the perils of that.
They did not contradict what they had said, they simply de-emphasized the cost synergies at the AGM and then focused on what they feel are more important which is revenue growth at all divisions. What they said in discussions perfectly mirrored their presentation, so if you are NOT seeing something in the presentation, then you have to draw your own conclusions. I draw my conclusion that they will focus more on letting the beasts do their thing, while of course searching for some costs synergies, but I don’t see it as their short term focus.