Rung CEO: This year will profit and loss balance

Source: Internet
Author: User
On May 23, according to foreign media reports, Alcatel-Lucent CEO Ben Vevan (Ben Verwaayen) has said recently that the Lucent has been reversing losses following the sharp rise in internet surfing users. "Alcatel-Lucent will continue to invest in new services and technologies," Verwaayen at the Reuters Global science and Technology Summit in Paris recently, Marvell Summit. The company's goal is to adjust the operating profit rate to 1% to 5%, and this year's cash flow is roughly break-even. Investors are looking to see if Verwaayen can achieve this goal.  Alcatel-Lucent's first-quarter performance was unsatisfactory due to a shortage of parts, and some analysts questioned whether Alcatel-Lucent's targets could be met. Some analysts are worried about the need for capital, as Alcatel-Lucent needs to pay for restructuring cash costs. Verwaayen denied such concerns on 20th, and Verwaayen said he was very confident about the company's balance sheet. Asked if money was needed when things were worse than expected, Verwaayen insisted he didn't need the money. Because of the complexity of the market, he will not carry out any major mergers or acquisitions.

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