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4,719 Posts.
559
03/11/11
14:11
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Looking at today's announcement re the divestment of certain business units it seems to me that:
EBITDA is down 25% mainly due to restructuring costs
approx 1/3 of the Companies businesses have been divested
Debt free so no interest payments
So conclusion would be that future earnings will be approx 2/3 of past earnings.
I'm sure its not that simple however.
Hopefully, we will get some earnings guidance and/or an analysists report soon. I tried calling the CFO today but she was not available.
Anyone have any views on the above?
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