2016 ECS Value Creators Report: Building Endurance
BCG
OCTOBER 26, 2016
lthough the engineering, construction, and services (ECS) industry continues to lag substantially behind the broader market, a doom-and-gloom outlook is by no means warranted. Japanese companies’ average annual TSR of 14% in the five-year period from 2011 through 2015 is generated by extremely strong margin increases and cash flows.
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