A huge loss is a huge loss, Revenues up and no profit! Where did it go? From the report it looks like the submarine unit, restructuring charges, deffered payments, and a bunch of one off charges like vacation accurauls is where it went. Even though the share price remained stable today, this cannot continue. ALU has to show progress every quarter until it shows profit or the market will abandon this stock. The deck was stacked for Mr. Combes today, I hope his plan is good; especially since we have to wait till June! Mr. Combes we should have had that plan today! ALU cannot afford to wait any longer to cut expenses.