Maximizing Cash Flow and Profitability: Globus Medical's Strategic Approach

2024-02-23

During the meeting, it was highlighted that return on invested capital played a crucial role in Globus Medical's strategy to boost cash flow and enhance profitability. The company focused on efficiently managing assets and controlling capital expenditures to maximize their return on investment and drive better financial performance. This approach enabled them to allocate funds to research and development activities while also generating cash flow to support their growth initiatives.