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Subject: 
Re: LEGO reports improved financial results
Newsgroups: 
lugnet.lego
Date: 
Thu, 7 Apr 2005 13:38:11 GMT
Viewed: 
5798 times
  
In lugnet.lego, Arne Lykke Nielsen wrote:
In lugnet.general, Allan Bedford wrote:
LEGO has released their annual report for 2004 and it looks like there is some
good news!

http://www.lego.com/eng/info/default.asp?page=pressdetail&contentid=14426&countrycode=2057&yearcode=&archive=false

It came into my Inbox via Google alerts, with this link:

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050406005253&newsLang=en

Keep up the great work!

Best regards,
Allan B.
It was in all the Danish news yesterday - but not as a positive story, but as a
very negative story with the headlights: LEGO struggling for survival, LEGO will
close down factories in Denmark, Switzerland and USA and move production to
China, and in Billund eventually (by 2007) 1500 people will have lost their jobs
- and in a town with 7000 inhabitants, this would be very noticeable.
Quote Knudstorp in TV-interview: "No areas are protected from downsizing"

It was interesting to note that other Google alerts that I got yesterday gave
links to stories that were more like what you describe above.  I guess it might
be all in how you interpret the numbers.  Although things may still not be
fantastic, it seems that at least 2004 wasn't quite as bad as the year before.
And that leaves me hopeful that 2005 will be even better.  :)

Best regards,
Allan B.



Message is in Reply To:
  Re: LEGO reports improved financial results
 
(...) It was in all the Danish news yesterday - but not as a positive story, but as a very negative story with the headlights: LEGO struggling for survival, LEGO will close down factories in Denmark, Switzerland and USA and move production to China, (...) (20 years ago, 7-Apr-05, to lugnet.lego)  

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