However Hermès, which is due to report full results on March 21,
said operating profitability should be close to the level recorded over the first half of last year, when it hit a record 34 percent.
Not exact matches
Saj Karsan, who
operates the popular value investing site BarelKarsan.com,
says that Palm's lack of
profitability was its demise, as the company had to constantly finance and dilute its stock to fund R&D.
At the meeting in late 2016, executives
said Quidsi would also generate significant free cash flow in 2017, which is notable because Amazon CEO Jeff Bezos has long
said that he cares more about free cash flow than he does profit margins or
profitability metrics such as
operating income and net income.
It also
said it would cut
operating expenses by more than $ 200 million and return to EBITDA
profitability in 2017.
«Looking forward to 2017, we expect to return to
profitability, driven by the strength of our new products, double digit revenue growth and annual
operating expenses of approximately $ 650 million,» he
said.
In an update ahead of its interim results in August, the general insurer
said that «significantly higher than expected claims activity» during the first five months of the year is expected to cause that division to report a first half combined
operating ratio, a key measure of
profitability, of around 110 per cent.
Bond yields would then be fair relative to equity yields, assuming that the current high
operating profitability continues, which is not guaranteed, though I think it will persist long enough to embarrass those who
say it must mean - revert imminently.
John Hawke, Calgary's McLeod Law chief
operating officer,
says the focus in the past has been to examine
profitability on a firm - wide basis, but not at the partner level.
In our Mobility Solutions business, our objective is to achieve
operating profitability in the short term,»
said Blackberry CEO John Chen in a statement.
In a statement released on Dec. 5, company CEO Philip Clarke
said it doesn't seem feasible that Tesco's Fresh & Easy division will be able to achieve
profitability within an acceptable timeframe, and so the chain, which
operates 199 locations in three states on the West Coast, will likely be leaving U.S. shores.