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CEO Ursula Burns called it a strong start to the year, as the company closed its acquisition of ACS, and saw gains in revenue, operational improvements and cash generation.
We started the year strong with the successful acquisition of ACS and solid performance in revenue, operational improvements and cash generation, said Ursula Burns Ursula Burns, Xerox's chief executive.
Chief executive Tom Enders said: "We had a good start into 2015, with a solid operational performance and improved cash generation, further supported by asset sales".
The two said that the new company, which will keep the Republic Services name, would generate $1.7 billion in operational cash flow.
Aviva is building strong free cash generation.
John Shepherd-Barron, who has died aged 84, was the inventor of the first operational cash machine.
That should restore profitability, leading to cash generation.
Its cash generation and debts are mismatched among its subsidiaries.
There remains costs flexibility and strong cash generation.
Cash generation, not earnings, has been Aviva's problem.
Cash generation is much improved but leverage remains high.
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