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tdp2664 E money daily GlaxoSmithKline plc (LON:GSK) has been planning to boost earnings by cutting inventories. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full GSK chart at Wikinvest GlaxoSmithKline plc (LON:GSK) Aims At Earnings Boost Reports say that GlaxoSmithKline plc (LON:GSK) is to boost earnings by cutting inventories, centralizing back office functions and lowering global tax payments. These decisions have been taken under plans drawn up by Simon Dingemans, the new finance director. Simon Dingemans, CFO at GlaxoSmithKline plc (LON:GSK), said that, "GlaxoSmithKline plc (LON:GSK) is shifting from a focus on top line revenue growth to margins, financial efficiency … and the bottom line. GlaxoSmithKline plc (LON:GSK)'s primary focus is on cash flow. GlaxoSmithKline plc (LON:GSK) has planned to centralize functions currently conducted locally by different divisions and national subsidiaries including information technology, human resources, finance, real estate and central business centers". GlaxoSmithKline plc (LON:GSK) company shares stood at 1432.5 at the end of the last trading session. Price History Last Price: 1432.5 52 Week Range: 750.00- 1,454.13 Last Vol: 1123306 3 Month Vol: 8755380
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