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You are here: Home Archive 2009 October 20 Inventory turnaround driving rebound, Asciano says

Inventory turnaround driving rebound, Asciano says

by Rob McKay last modified Oct 20, 2009 12:12 PM

Asciano's chief financial officer, Peter McGregor, has backed Toll managing director Paul Little's assessment of how the economic recovery was panning out.

  
Inventory turnaround driving rebound, Asciano says

Stacking up: Inventory levels increasing as recession tactics are phased out

During a question and answer session at a Citigroup investment conference in Sydney yesterday, Mr McGregor pointed to a reversal in thinking about inventory levels.

Companies that had been deliberately running-down their stock levels during the recession were now...

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