Originally Posted by
Planetrain
SEC slide 4, bottom left. Looks like Pre-tax profit projected flat YOY.
Flat is not less. 2017 is a transition year. Did you listen to the audio? The following years are projected to return to the 17-19% margin. Add gain through ownership of partners and we will see increases.
Next target.
http://seekingalpha.com/symbol/GOL
Last edited by notEnuf; 03-06-2017 at 07:41 AM.