Manufacturing CFOs Expect Business Growth in 2006 Despite Less Optimistic Outlook for Economy According to Bank of America Business Capital Survey.
PR Newswire Europe, November, 2005
GLASTONBURY, Connecticut, November 22 /PRNewswire/ --
- Expectation For M&A And International Business Highest In Survey's History
Nearly three out of four manufacturing CFOs (73%) expect their company's revenues to increase in the coming year -- and nearly half (46%) predict increased profit margins. That's according to an annual survey of U.S. manufacturing company CFOs conducted by Bank of America Business Capital, one of the world's largest asset-based lenders.
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The Bank of America Business Capital 2006 CFO Outlook, conducted by telephone from mid-August through mid-September 2005, surveys CFOs from 600 U.S. mid-size and large manufacturers with revenues ranging...
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