Weak Free Cash Flow In 2024The absence of free cash flow in 2024 and volatility in FCF growth constrain the company’s ability to self‑fund capex, acquisitions, dividend policy or debt reduction. Persistently weak cash conversion would raise financing needs and limit strategic flexibility over the medium term.
Declining EBIT MarginA falling EBIT margin suggests pressure on operational efficiency or adverse mix effects. If structural, margin erosion reduces operating leverage and returns on invested capital, making profitability more sensitive to volume swings and cost inflation over coming quarters.
Fluctuating Return On EquityVariable ROE and a recent decline point to inconsistent capital efficiency and uneven profit generation from shareholder equity. Continued ROE volatility can hinder investor confidence and limit the company’s ability to sustainably fund dividends or attract new equity capital.