Told you so
Schadenfreude (trans. "malicious glee") may have originated with the Germans, but it seems to be experienced the world over where English is spoken or they would have come up with a term themselves. Anyway, there must have been quite a few people who responded to SABMiller’s full year financial announcement with a hearty laugh, especially when CEO Graham Mackay had to admit at the end of May 2003 that Miller’s problems appear to be deeper than originally thought. Really. Didn’t everybody tell him so? In the year ended 31 March 2003, SABMiller doubled its turnover to USD9.1 billion. Excluding Miller, which has been included for nine months, turnover was 29% higher at USD5.6 billion. Earnings before interest, tax and goodwill amortisation were 66% higher at USD1.27 billion.8%.2%.7%..
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