Panasonic executive says Europe consumer sales hold up

By Georgina Prodhan VIENNA (Reuters) - Panasonic's consumer electronics sales did not fall in Europe in the fiscal year just ended despite the fact that the business is struggling globally, the company's Europe head said. "We are doing quite well in Europe in consumer electronics," Laurent Abadie told Reuters, adding that the company was not planning to cut its overall number of staff in Europe in the coming 12 months. "We just closed our fiscal year at the end of March. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/panasonic-executive-says-europe-consumer-sales-hold-172843460--finance.html