Armstrong Q2 2011
Just by glancing through the latest report, one could tell that the results have been disappointing and the recent price weakness must have reflected its drastically poor performance.
Decrease in returns
Most of the business segments decreased in revenue this quarter. This is mainly due to the Japan earthquake which had dealt an inevitable disrupt on the global supply chain. As Consumer Electronics and Automotive segment depended highly on their respective OEMs requirement for production, a delay in demand from them would impact the revenue substantially. Honda, who is one of the high profile customers had released notices that they had shut down a few of their plants then. BBC also reported that technology companies such as Sony and Toshiba were those that were affected most. However, these gloominess is buoyed by the strong demand of products from the Data Storage segment.
The decrease in revenue will ......
Armstrong Q2 2011
Just by glancing through the latest report, one could tell that the results have been disappointing and the recent price weakness must have reflected its drastically poor performance.
Decrease in returns
Most of the business segments decreased in revenue this quarter. This is mainly due to the Japan earthquake which had dealt an inevitable disrupt on the global supply chain. As Consumer Electronics and Automotive segment depended highly on their respective OEMs requirement for production, a delay in demand from them would impact the revenue substantially. Honda, who is one of the high profile customers had released notices that they had shut down a few of their plants then. BBC also reported that technology companies such as Sony and Toshiba were those that were affected most. However, these gloominess is buoyed by the strong demand of products from the Data Storage segment.
The decrease in revenue will ......
