Its business is relatively defensive, underpinned by long-term contracts with the Ministry of Defense, and it has the prospects to utilize cash flows from that business in U.S. acquisitions to add to growth.
More Quotes from Peter Caldwell:
More Rolls-Royce engines are getting onto planes and you've got increased flying. The company has a growing fleet of engines in service, requiring maintenance and repairs as they age.Peter Caldwell
With oil now over 60 a barrel, there is upward pressure on costs. At the same time, they cannot afford to cut back to the extent that service suffers.
Peter Caldwell
I advocate parcel boundaries because they can accurately be described by surveys.
Peter Caldwell
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce QuotesBased on Keywords: underpinned
Sob, heavy world Sob as you spin, Mantled in mist Remote from the happy.
W. H. Auden
I wish life was not so short, he thought. languages take such a time, and so do all the things one wants to know about.
J. R. R. Tolkien
I am 73 years old. I was born in Jerusalem. I'm the first prime minister of Israel to be born here. I am the only former general to become a prime minister.
Yitzhak Rabin