European business stabilizes, Focus shifts to Margin improvement For Q4FY19, on a consol. basis, LT Foods (LTFL) reported weak operational performance. Revenue/EBITDA down 6%/5% YoY with EBITDA margin flat at 8.8%. PAT declined 38% YoY on account of higher depreciation and finance cost. In order to achieve better profitability, the company is likely to focus on better margin business in India (premium segment of branded basmati like Daawat) & higher profitable geographies. Company's European business has ramped up...