Consolidation Quote by Sergio Marchionne
“The suggestion that we were pursuing consolidation as a replacement for reaching our financial targets by 2018 is fundamentally a bunch of hogwash.”
About This Quote
Source Speech: Annual Investor Meeting, Sergio Marchionne, 2017
The claim that consolidation replaces financial goals is nonsense, masking real performance issues.
In simple terms: Consolidation is not a substitute for meeting targets.
Demand genuine financial focus.
Themes
Mood
Type
When to use this quote
- quarterly reporting
- budget planning
- shareholder communication
- strategic review
Key Concepts
Questions to Reflect On
- Are financial targets realistic?
- How does consolidation affect long‑term growth?
May overlook structural problems needing deeper fixes.