Boeing's Hulst Says There Was Borderline Over-Production Before The Pandemic
Portfolio Pulse from Benzinga Newsdesk
Boeing's finance chief, Brian Hulst, has indicated that the company was on the verge of over-production prior to the pandemic. This statement suggests that Boeing was producing aircraft at a rate that was potentially exceeding market demand at that time.
January 29, 2024 | 2:36 pm
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Boeing's acknowledgment of near over-production before the pandemic could raise concerns about past operational efficiency and market forecasting. Investors might worry about how this will affect future production adjustments and profitability.
The statement by Boeing's CFO about borderline over-production is likely to concern investors about the company's ability to forecast market demand and manage inventory efficiently. This could lead to a negative perception of the company's past performance and raise questions about future profitability and strategy, potentially impacting the stock price negatively in the short term.
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