The TV market is huge as consumers often buy a new and more stylish TV before the old one has died. But who has ever bought a second or third washing machine?

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Revenue was higher than expected but a number of charges distort the picture. Still, if you exclude that, the numbers are better than expected. The guidance for growth in general is good.

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The short-term effect is likely to be negative. This type of issue costs management time, leads to sizeable costs of lawyers and creates uncertainty.

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We believe that it will put pressure on the share price in the near term.

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Today's surprise is not enough to warrant a substantially higher valuation.

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Investors were rattled by this, but there was really no news that justified a drop of this magnitude.

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