TPXimpact Holdings PLC (GB:TPX) has released an update.
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TPXimpact Holdings PLC reports a significant reduction in net debt to £7 million, the lowest in three years, and announces favorable amendments to its Revolving Credit Facility (RCF), including an extension to July 2026 and a decrease in the facility amount from £30 million to £25 million. The company’s improved financial stability has also led to eased borrowing covenants ahead of schedule. Group CFO Steve Winters expresses confidence in the company’s strong balance sheet and its ability to meet growth and efficiency targets.
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