Cobham released today an umpteenth profit warning two weeks before it releases its annual results. This time it not only concerns the operational issues, but also gives colour to the impact of the weak company performance on the asset-carrying value in the balance sheet. Moreover, the company looks clearly worried about 2017 and expects a worse year than the already tough one that has just ended.
16 Feb 2017
Sombre 2016 and lost faith in the future
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Sombre 2016 and lost faith in the future
Cobham released today an umpteenth profit warning two weeks before it releases its annual results. This time it not only concerns the operational issues, but also gives colour to the impact of the weak company performance on the asset-carrying value in the balance sheet. Moreover, the company looks clearly worried about 2017 and expects a worse year than the already tough one that has just ended.