How can this be described as a 'fantastic announcement'? Write downs increased by 200m (Divine more so than MAH is a problem IMO) and EPS dowgraded again..... this time to 8% growth. Divs are maintained which will steady the fall and nobody doubts LEI's ability to consistently win new work. I had sold 80% of my LEI stock but still hold and believe in their ability. For medium or LT investors LEI will deliver. But not a fantastic ann in my book.
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fantastic announcement, page-14
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