When managements recognise that they need to change the business model of their company this cannot always be done in a short period of time. Sometimes there can be a couple of years of stagnation or lower profits.
Covid-19 has masked and delayed some of the improvement in this managed technology services business, but the work done behind the scenes provides a good base from which to return to the previous strategy of participating in the consolidation in the sector.
New borrowing facilities mean that there is the fire power to increase the scale of the business.
AdEPT Technol...
