Olympus profit - the cat is out of the bag (a little early)

Started Oct 29, 2013 | Discussions thread
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Re: Camera division
In reply to StephanSchmidt, Nov 9, 2013

"Almost every one of their previously forecast numbers (just three months ago) have been revised downwards already. The only one that they got right was gross margin, which means they've been cutting costs more than anticipated. Still, they're showing a 2.7b yen loss so far in a year they promised break-even results from imaging (now -5b yen loss, so they are expecting a 2.3b yen loss for the second half)."


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