Annual sales declines of 2.6% for the past five years show its products and services struggled to connect with the market
Earnings per share decreased by more than the revenue over the last five years, showing each sale was less profitable
8× net-debt-to-EBITDA ratio shows it’s overleveraged and increases the probability of shareholder dilution if things turn unexpectedly
When do the Board declare no confidence in them ?
G.C. went 1st. B.T. is now gone. Time to get rid of her minions.
3 things to be proud of…
Negative work environment.
Poor quality line of products
Gross mismanagement in the entire company, with no clear path to success.
The board will never declare no confidence as they are handsomely rewarded by them for doing literally nothing. Today on the Xerox hub it was stated "we reached every milestone we set out to accomplish" - I guess you are just not privvy to the SLT slide deck that states success is laying people off, reducing income and profit, reducing share value by 75% in 12 months and demoralising the workers....when you are part of the SLT you will understand better :-)
Way more than 2.6%.