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Tech & Innovation
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Xero strongly placed to ride out Covid-crisis, says analyst

Xero will have to ‘cut fat, but not muscle’ during Covid-19.

Geraden Cann Fri, 15 May 2020

Accounting software provider Xero has reported little impact so far from the coronavirus and its healthy cash balance puts it in a strong position to weather the storm, says Fisher Funds portfolio manager Sam Dickie.

“They might have to cut a bit of fat here and there, but they won’t have to

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