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Historic loss for Sony: red at 4,5 billion euros. But this year he expects a return to profit

In the 2011/2012 financial statements, the electronics giant archives the worst result in its history - Sales down by 9,6% due to the crisis in the sector and the catastrophes in Thailand and Japan - After four years in the red, in the new financial aims for 300 million euros of profit and sales up 14%.

Historic loss for Sony: red at 4,5 billion euros. But this year he expects a return to profit

Historic loss for the electronics giant Sony. The group closes the 2011/2012 financial year with a loss of 4,5 billion euros (456,66 billion yen), the worst result in its history. The drop in sales of 9,6% to 64 billion euro due to a mix of events weighs heavily: the crises in the electronics and the TV business, the trend of the yen but also the natural disasters in Thailand and the earthquake in Japan.

The group, which has already started a wide-ranging reorganisation, aims to return to profit in the 2012/2013 fiscal year after 4 years of negative balance sheets. The goal is 300 million profits and sales up 14%.

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