re: Ann: Financial Statements for 6 Months En... Probably not so bad as an omen for the future.
Still managing to reinvest heavily AND reduce debt at the same time. Still has a pretty amazing technology portfolio for the market cap.
Plus the finance company alone must be worth about the current company market cap.
I hesitate to judge a company too harshly by the bottom line for a mere six months, esp when it has some substantial one offs, plus a big forex loss item in it.
There is little doubt the appliances market will be under pressure for several more years at least, but nevertheless it is still a cycle, and the bottom/near bottom at that, no matter how long and gloomy it may appear.
EL
re: Ann: Financial Statements for 6 Months En... Probably not so...
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