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we expect slightly better financial flexibility by way of lower interest costs leading to improved

Posted by cheaktank 
However, we expect slightly better financial flexibility by way of lower interest costs leading to improved FCF generation and FFO fixed charge cover trending towards 2.0x over the next two to three years. Diversified Services Support Credit Profile: Voyage's business risk profile is supported by the company's diversified service offering covering the full spectrum of social care needs for people with learning disabilities in either a registered care home, a supported living setting or as outreach services. Meaningful Execution Risk: Voyage's strategy is to expand substantially the company's community based care services business, which bears some execution risks in our view.

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