Seven out of ten manufacturing CFOs expect their company's revenues to increase in 2008 and nearly half predict increased profit margins. That's according to an annual survey of US manufacturing company CFOs commissioned by Bank of America Business Capital. Nearly one-third of the respondents plan to fuel their revenue growth through increased capital expenditures. Twenty-three percent expect to participate in a merger or acquisition in 2008, up slightly from 20% last year. Seventy-one percent of manufacturing companies selling to foreign markets expect their sales to increase in 2008-- up from 64% last year.
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"Manufacturing CFOs Expect Business Growth in 2008 Despite Mounting Economic Concerns, According to Bank of America Business Capital Survey"Please download to view full document