Finance bosses bullish on sales

Michael Bow
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NEARLY 70 per cent of financial directors (FD) are anticipating higher sales this year, as firms look to strengthen cash on their balance sheets, a poll finds.

The study, by Capita and Financial Director magazine, found just eight per cent of FDs thought sales would fall. The buoyant mood is matched by an appetite to increase cash levels, with 57 per cent raising them last year and more set to this year.