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It is a reflection on the amount of orders being placed by purchasing managers and that will be a function of the company's order book and management policy, which may be to conserve cash flow, but which is not necessarily a reflection of the economy, but simple caution because we are going through a period of change," he said.
Brownes strategy of making large global acquisitions in Russia and elsewhere (Amoco in the U.S). must be curtailed by the need to conserve cash flow for paying off claims, law suits and increased capital expenditures that will be required all offshore drilling programs.
Similar(58)
For companies, making retirement-plan contributions in stock conserves cash flow and creates a bloc of shares less likely to be sold either when the stock price spikes in a hostile tender offer (yesterday's problem) or when it plummets in bad times as others dump their holdings (today's problem).
Mr. Gephardt has taken pains to conserve cash.
That move could help it raise fares and conserve cash.
It has identified further cost savings to conserve cash.
It will pay no dividend this year to conserve cash.
"What we needed to do was conserve our cash, and they needed to help me by increasing their collections and decreasing their cash flow".
They need cash flow".
No cash flow.
Private equity appreciates cash flow.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com