I think yesterday was the first time I’ve posted as a ‘hostage to fortune‘, buying and posting just ahead of a company’s annual results! So where do we stand now?
I was unfortunately expecting to be disappointed by the level of disclosure on certain items: No mention of the dissolution of their Indian JV with Tata – but revenues weren’t significant, and profits were obviously non-existent, and I far prefer they concentrate on a consolidation strategy in Europe, so who cares…