The company has run on deficit during the first years, but its profitability has improved with growing volume.

The quality and profitability of the Ledger improved dramatically.

"Their profitability has improved a lot, and it is one of very few companies in America with a triple-A balance sheet," he said.

"Sure, Philips's historical numbers showed problems, but by the time we bought in, its profitability had improved significantly," he said.

Still, Tango's profitability would undoubtedly improve if it could find a way to lower its labor costs.

AMR's profitability improved in part as a result of reduced costs.

It may be necessary to reduce the amount you take out of the business until profitability and cashflow improves.

There is nothing that says profitability improves with an increase in size.

Its share price and profitability improved dramatically during the 1980s (refer to Figure 2.1).

"If we can switch from short-term to long-term debt, our profitability will improve."