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Management typically pays five to seven times cash flow, he said, to acquire companies that become far more profitable after it upgrades their operations.
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Yet it is becoming more profitable, largely after the quota for mackerel grew sharply: in 2014, the total value of landings by UK vessels within the UK and abroad rose to £861m – its highest yet, while the volumes increased, too, to 756,000 tonnes overall.
But Sony is more profitable: its profits last year after tax were 5.9% of sales, Matsushita's 4.4%.
Four of the six biggest banks were more profitable last year — yes, even after all those supposedly onerous, gargantuan fines — than they were in 2007.
Bridgestone plans to focus on more profitable tires in Europe after a tire recall in the United States two years ago damaged the company's reputation.
Verizon and Vodafone poured $2 billion into Grupo Iusacell in Mexico and then went after the more profitable high-end users.
Mortgage companies, banks and investors have been aggressively marketing and trading the loans because their higher interest rates make them far more profitable than prime loans, even after taking into account greater default rates.
This procedure may increase also the utility of the IM who may succeed in allocating a larger number of tracks, via a better use of the infrastructure, or simply asking a higher price to the TOs, after that more profitable scheduling increases their willingness-to-pay.
Which will end up the more profitable -- the auction house going after the mass market or the one trying to turn a profit from another record-breaking van Gogh?
Proponents say that biomass fuel from forests is usually waste wood, the material left over after harvesting for more profitable lumber and paper pulp.
A cow capable of sustaining good milk production over a long career is more profitable than an animal that burns out after a few years of heavy output.
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CEO of Professional Science Editing for Scientists @ prosciediting.com