Cash-flow PredictabilityAnalyst cautions that timing mismatches, seasonal demand patterns, elevated capital expenditure needs, and higher effective interest costs are weakening cash-flow predictability and planning visibility.
Landfill Business LossesAnalyst warns that EMK's landfill business remains loss-making and continues to drag on consolidated results and cash generation.
Operational And Refinancing RiskAnalyst notes key risks including potential plant outages that cut availability, rising refinancing pressure as assets age, and sensitivity to inflation and interest-rate increases that could reduce distributable income.