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But that steady cashflow tempted both Pirelli and Continental to veer off track.Pirelli jumped into communications and property.
Yet because they are stuffed with debt that they pay off with steady cashflow, banks love them.The zombies make Japanese business look comedic.
But, shorn of the steady cashflow from defence contracts, the Marconi butterfly that emerged from the old GEC chrysalis was always bound to be a more fragile creature than Lord Weinstock's cash-rich, cautious conglomerate.Before long, Lord Simpson, flanked by Mr Mayo, had turned from seller into buyer.
Similar(57)
Investors get addicted to steady cashflows and become jittery about risky new projects.
Takeovers require steady cashflows, which in turn depend on the gold price.
The firm's cashflow has been weak.
Instead of keeping a steady annuity from the Russians, Germany is selling the cashflow at a discount.
When we look at our overall business, we continue to grow our markets and we are still on course to deliver against our priorities of profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cashflow.
"Cashflow is reality.
Cashflow, strongly positive last year, has turned negative.
As cashflow improves, bosses return the cash.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com