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2006 CFO outlook: a survey of what manufacturing chiefs expect.(chief financial officers)

Business Credit

| March 01, 2006 | Wilson, Jeff | COPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Nearly three out of four manufacturing chief financial officers (73 percent) expect their company's revenues to increase in the coming year--and nearly half (46 percent) predict increased profit margins. That's according to the eighth annual survey of mid-size and large U.S. manufacturing company CFOs commissioned by Bank of America Business Capital. Conducted by an independent research firm in September 2005, 600 CFOs were asked their opinions on the economy, financing, M&A activity, and their involvement in foreign markets. While CFOs are optimistic about the prospects for their own companies, they are concerned about economic expansion and growth opportunities for the ...

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