October 2023 : “ By 2026, Xerox projects a rise in operating income by at least $300 million (€285 million), reverting to double-digit adjusted operating income margins”.
October 2025 and the stock price if a quarter of what it was at the announcement time above, already having dropped by half over the prior 5 year average.
SteveB will say it is on track, he will say the Lexmark acquisition is key to the future growth, but this was not in his plan two years ago.
Does the. Lard really believe the continuing change of rhetoric from the CEO. The SLT all nod with appeasement, no one dare disagree, but all happy to take their pound of flesh and stock options ( although each time a worth less and less ).
No merit increase, frozen 401k.
What belies the future - will we get anything from the upcoming Q3 release ?