31st May 2019 06:56
LONDON (Alliance News) - AA PLC is to unveil a new "smart breakdown" system, the Financial Times said Friday, in a move to revitalise the business.
The FT quoted AA Chief Executive Simon Breakwell as saying new predictive breakdown technology could be "pretty transformational", though investors could be hard to sway. AA has cut its dividend to fund the technology plan, the newspaper noted, while the market is also wary of the company's debt pile.
https://www.ft.com/content/ba232ab0-7d48-11e9-81d2-f785092ab560?segmentId=080b04f5-af92-ae6f-0513-095d44fb3577
Related Shares:
AA..L