“Asia volume weakness, which we experienced during peak season, deepened post Chinese New Year.”
But expectations & hopes for the next 6 months rise to less negative.
“In addition to uncertainty about what’s going to happen, now there’s uncertainty about when it will happen.”
Shareholders wiped out, 14 Months after competitor Carillion Collapsed.
“Serious risks of sleepwalking into a cashless society before we’re ready – not just to individuals, but to society.”
The acquisition created world’s biggest toll-road operator. But it was costly.
And where do Chinese consumers fit in?
The real worry is the economy in the Eurozone.
The four account for 58% of global manufacturing value added. And the big exporters are getting hit.
Laying off workers and closing plants as exports and production plunge — Jaguar Land Rover is the biggie.