Bloomberg has a long story this morning about Diebold and its voting machine business — which investors continue to question amid a series of unfortunate incidents involving Diebold’s Election Systems division.
The voting-machine unit was the worst performing of any of Diebold’s three divisions last year. Sales of voting machines fell 9.7 percent, the company reported in January. Profit from voting machines dropped 32 percent to $6.4 million. It was the only Diebold unit reporting declines. Diebold has had average annual revenue growth of 31 percent over the past five years.