"Matt Whiting" wrote:
Why? Most companies at least ostensibly exist to make a profit.
Matt
Sure, and Textron is profitable, but the impact of piston singles
on their financials is insignificant, perhaps less than 1% of their
$12 billion business. What I was trying to say is if they lose
money on singles, as you theorize and so might I, they can still
have a business reason to tolerate it and not uncommon in industry
at all. In their latest annual report, they mention the singles
only in passing, but as opposed to lengthy discussion of jets and
other product lines, they don't state the amount of "segment
profit" on the piston products. Maybe there ain't any?
Fred F.
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