菲利普:
What is this year`s annual report reading alike?


今年的年度报告怎么样?
杰克:
So far it seems it has been an ordinary year for Nestle.


到目前为止.好像是雀巢的普通一年.
菲利普:
Was the profit level along the same lines as we forecasted?


利润水平与我们预期的持平吗?
杰克:
Yes, slightly higher actually.


是的.实际上稍微高出一点.
菲利普:
Any other developments?


还有其他发展吗?
杰克:
Yes actually. One of their most experienced and successful business managers has retired.


是的.事实上他们最成功和有经验的业务经理之一已经退休了.
菲利普:
That`s something to consider later on. He has guided them through a lot. Without him the company may struggle. What about a comparison between this financial year and last year`s final debt levels?


这是我们迟些要考虑的事情.他带领他们度过了很多难关. 如果没有他.公司可能会困难重重.本财政年度的负债水平和去年相比怎么样?
杰克:
Um, it seems their China subsidiary is hemorrhaging cash and has caused a debt blowout.


嗯.好像他们在中国的子公司赔了很多钱.而且还引发过一次负债猛增.
菲利普:
Ok, according to these facts we should downgrade our recommended course of action from a buy to a hold, to warn our investors to be careful when considering buying.


根据这些事实.我们应该将我们建议的动作从"买进(股票)"降级为"保持(现有股票)".警告我们的投资者们在考虑购买时千万要小心.
杰克:
Ok, I`ll update the system, pointing out these new developments.


我会更新我们的系统.指出这些最新的发展.


