Fresh Edits Oct 7 SBCL AGM 2023 (from my scrambled Notes)
FREE CASH FLOW
On a leading question from an analyst that SBCL is on course to generate 600-800 Cr of Free Cash Flows over next 6-7 years, Management did confirm they have done majority of Capex and are confident of maintaining margins, so yes they are on course for that barring any major geo-political fall outs. Details here
DIVIDEND POLICY
On being asked if therefore they will be looking to return more to shareholders Mgmt confirmed the intent and a dividend policy is likely on the anvil for the Board to consider
CHINESE COMPANY BATTERY/BMS/SHUNTS ENTERING EU (specifically BYD)
Already supplying. Commercial Supplies to BYD have started for their China requirements !!
(this cannot be tom-tommed for obvious reasons)
Why/How SBCL will stay ahead of Competition.
(TBD)
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