Cable & Wireless Worldwide Says Performance Post Demerger "Not Ideal"By Cable Wireless Worldwide, PRNE
Monday, May 23, 2011
LONDON, May 24, 2011 -
After two profits warnings in the past 12 months, Cable and Wireless
Worldwide CEO Jim Marsh said in an interview that it hadn't been an ideal
year for the group.
However, in discussing the group's full-year results, Mr Marsh told the
financial broadcaster www.cantos.com that he was confident there would
be no more surprises.
The telecoms boss highlighted the company's ability to generate cash as a
positive, and committed to continue the dividend payout at current levels.
"We have committed to maintaining that dividend until the point at which
it's cash covered in the business, when it will then become a progressive
The interview and transcript are available now on
Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email firstname.lastname@example.org or phone
Tags: Cable & Wireless Worldwide, London, May 24, United Kingdom