Word: habgood
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Dates: during 2000-2009
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...have become the worst performing sectors on the market this year - the capitalization of software companies has fallen by an average of 39% - old economy stocks have quietly lasted out the boom and bust and are now reaping the benefits. But these companies didn't emerge unchanged, notes Anthony Habgood, executive chairman of Bunzl, a paper distributor and maker of cigarette filters that moved into the FTSE 100 last week. "We took a very pragmatic view with respect to the use of new technology, as indeed have a lot of manufacturing companies," he says, and this has transformed...
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