Financial Accounting Blog

Monday, September 08, 2003

INDUSTRYWEEK DAILY PAGE
This is a good article on how the divesting of an asset can have negative effects on sales.

"Lagardere's overall sales declined year-on-year, slipping to 5.802 billion euros in the first half versus 6.475 billion posted in first six months of 2002, largely due to the spinoff of its Matra Automobile business."