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When Growth Does Not Automatically Improve Margin: The CFO Lesson from Energy Technology Businesses
Revenue is increasing. Demand is strong. The order book is growing. Customers are investing. The market appears to be moving in the right direction. But from a CFO and FP&A perspective, growth is not automatically good. Growth only creates value when it can be delivered profitably, funded properly and converted into cash. This is particularly important in energy technology businesses. These businesses often operate across manufacturing, electrical infrastructure, automation, software,...