We've closed the gap in terms of production capacity and profitability. To embark on another phase of consolidation, you have to find new synergies and not run into any regulatory problems, ... We've done the necessary mergers to bring shareholder value.

Thierry Desmarest

Capacity Closed Consolidation Embark Gap Phase Production Profitability Terms

Related Quotes

I think we've gone through this consolidation phase over most of the first part of the year, after last year's gains. I think it's natural to see that, but it's been difficult for investors.

— Peter Brodie

ConsolidationFirstGone

We're still behind. But we picked up some steam and we closed the gap.

— Richard Holbrooke

BehindClosedGap

We've got to achieve consolidation and some level of reduction of capacity. The odds are greater than they ever have been.

AchieveCapacityConsolidation

We had some early matches that could have closed the gap on Edgar, but you have to hand it to them. They did what they had to do. Four champions is pretty good and Jeremiah winning his third is impressive.

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This is a consolidation period in the industry, both in terms of staffing and the number of funds. We've seen a lot of fund mergers recently and some layoffs,

— Russ Kinnel

ConsolidationFundsIndustry