GLMF schreef op 18 februari 2015 14:20:
zo krijg je de shorters er wel uit
Garmin Reports Strong Fiscal 2014 Revenue and Pro Forma EPS Growth;
Proposes Dividend Increase and Announces Share Repurchase Plan"Returned $602 million of cash to shareholders with quarterly dividends totaling $360 million and share repurchases of $242 million"
finance.yahoo.com/news/garmin-reports...Omzet automotive/mobile -5% (1.3MM naar 1.24MM)
Omzet fitness
+60% (356M naar 568M)
Auto/Mobile:
The automotive/mobile segment posted a revenue decline of 11% as PND sales continued to decline. Gross and operating margins in the quarter were 43% and 17%, respectively, representing an improvement over the prior year. While the PND industry does continue to slow, we have noted global improvement in the trajectory throughout 2014 and are anticipating PND industry unit declines of 10-15% with stable pricing in 2015. The segment delivers solid profits; thus, we will continue to innovate with disciplined investment levels to grow market share and maintain profitability in the segment.
On the OEM side, we have started delivering content to Mercedes and Honda. We remain excited about the expanded partnerships that we have secured in 2014, and we will build on this success in 2015