Oc has issued a profit warning and announced a restructuring that will see it withdraw from underperforming markets and lay off 4.5% of its workforce.
It aims to focus more on digital products and services. Net profit before exceptional items will fall 30% on flat sales.
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"Everyone seems satisfied with that result. I wonder if it will always be so amicable."
"Very insightful Stern.
My analysis?
Squeaky bum time!"
"But in April there was an article with the Headline "Landa boosts top team as it scales up to meet market demand", where they said they came out of last year’s Drupa with a burgeoning order..."
