This excerpt taken from the EK 8-K filed Feb 4, 2009.
Given the economic environment, Kodak is taking a conservative approach in its forecast for 2009. The company expects the external economic environment of the fourth quarter 2008 will continue through the first half of 2009, followed by a modest economic improvement in the second half. Kodaks full-year projections are predicated on these assumptions.
Given the limited visibility in the current environment, these assumptions represent our best estimate as to how the year will evolve, Perez said. We will closely monitor the global economys progress and adjust our plans accordingly.
For 2009, on a continuing operations basis, Kodak expects:
For the period 2009 - 2012, predicated on an economic recovery in 2010, the company expects:
By 2012, the companys target business model will yield: