Chief executive Mark Hodges says growth is his main priority and he’s not setting any deadlines around divesting
Towergate chief executive Mark Hodges says he’s not setting any kind of deadline on Towergate completing a transaction – such as a sale or flotation – but instead focusing his efforts on growing the consolidator.
Towergate has nearly a billion pounds in debts and bond repayments begin in 2017.
“We’re not setting a deadline around anything,” Hodges said.
“My worry would be that if we were sitting around here with a load of targets, metrics and measures, my focus wouldn’t be on the growth.”
Click here to read the full interview with Hodges and chief financial officer Scott Egan.
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