Analyze the sentiment of this statement extracted from a financial news article. Provide your answer as either negative, positive, or neutral.
Text: Finnish waste management and cleaning group Lassila & Tikanoja Oyj ( L&T ) net profit went down to 32.2 mln euro ( $ 47.7 mln ) for 2007 from 35.3 mln euro ( $ 52.3 mln ) for 2006 .
Answer:
negative