Andrew Bonfield

“profitable growth is an interesting concept for many companies because it's neither grow margins or grow topline actually she is trying to grow growth so both organic growth and actually margin expansion was part of that strategy was the hard of it”

— From Andrew Bonfield on Caterpillar’s success through value management (Create More Value podcast (Ep 30), Fortuna Advisors LLC (January 15, 2025)

“we throw up cash throughout a business cycle so even in periods of time with demand strong we'll throw of cash weak we'll throw of cash because we work G in Tre and stuff like that and you know it's it's a very strong Cash Generator business and cash flow is a lot less volatile”

— From Andrew Bonfield on Caterpillar’s success through value management (Create More Value podcast (Ep 30), Fortuna Advisors LLC (January 15, 2025)

“just want to sell it by saying how proud I am of our colleagues and dealers around the world who are working really really hard to enable our customers to be successful in this crisis you know obviously our businesses are generally deemed to be essential that is because we provide the backup power to hospitals machines...”

— From Caterpillar CFO Andrew Bonfield's Overview of First-Quarter 2020 Results, Caterpillar Inc. (April 30, 2020)

“well obviously the most important thing is to in these sorts of situations is to make sure you have plenty of sources of liquidity this company has a very strong balance sheet position we have 7.1 billion dollars of cash on hand at the end of the quarter on top of that we have about 20 billion dollars of incremental li...”

— From Caterpillar CFO Andrew Bonfield's Overview of First-Quarter 2020 Results, Caterpillar Inc. (April 30, 2020)

“2020 I mean obviously at the moment there's a huge amount of economic uncertainty out there with geopolitical events playing out as we speak so therefore we are expecting to see a down year in terms of sales and revenues we expect our end user sales to be down between four and nine percent as we move through the year w...”

— From Caterpillar CFO Andrew Bonfield's Overview of Fourth-Quarter and Full-Year 2019 Results, Caterpillar Inc. (January 31, 2020)

“we expect our range of profit per share next year to be between $8 50 and $10 profit per share it's a very wide range reflecting the uncertainty the key thing is the company's ready to react either way and the most important thing as we look through 2020 again is again still we expect another strong year of cash perfor...”

— From Caterpillar CFO Andrew Bonfield's Overview of Fourth-Quarter and Full-Year 2019 Results, Caterpillar Inc. (January 31, 2020)

“Sales and revenue up four hundred million dollars or three percent to fourteen point four billion dollars. In construction industries we saw a favorable demand and favorable price including the impact of higher dealer inventories and then actually within E&T we actually saw a lower revenues as we expected mainly to tax...”

— From Caterpillar CFO Andrew Bonfield's Overview of Second-Quarter 2019 Results, Caterpillar Inc. (July 24, 2019)

“We returned another 1.9 billion dollars to shareholders through a mixture of share buybacks one point four billion dollars and about five hundred million dollars of dividends and don't forget we've actually increased the quarterly dividend from this quarter onwards by twenty percent which shows our commitment to actual...”

— From Caterpillar CFO Andrew Bonfield's Overview of Second-Quarter 2019 Results, Caterpillar Inc. (July 24, 2019)

“We achieved record adjusted profit per share of $11.22, an all-time high, and fantastic performance across the whole of the company. A great year by Cat employees serving our customers around the world and actually delivering fantastic returns to our shareholders.”

— From Caterpillar CFO Andrew Bonfield's Overview of Fourth-Quarter and Full-Year 2018 Results, Caterpillar Inc. (January 28, 2019)

“We ended the year with an enterprise cash balance of some 7.9 billion dollars effectively and the net debt position says virtually no net debt at all at the end of the year. And at the same time we managed to return 5.8 billion dollars to shareholders through a mixture of share buybacks, 3.8 billion dollars of share bu...”

— From Caterpillar CFO Andrew Bonfield's Overview of Fourth-Quarter and Full-Year 2018 Results, Caterpillar Inc. (January 28, 2019)

“Overall sales and revenues were up 2.1 billion dollars or 18%. That was across all three primary segments. In construction industries, North American oil and gas and non-residential building construction drove revenue growth. In resource industries, mining and heavy construction equipment sales were up. And in energy a...”

— From Caterpillar CFO Andrew Bonfield's Overview of Third-Quarter 2018 Results, Caterpillar Inc. (October 23, 2018)

“Operating cash flow for the quarter was very strong. It was 850 million dollars in the quarter. This was after contributing an extra billion dollars into our pension plans to help make the funding of those plans more robust as we look forward. We also brought back 750 million dollars of shares in the quarter and on top...”

— From Caterpillar CFO Andrew Bonfield's Overview of Third-Quarter 2018 Results, Caterpillar Inc. (October 23, 2018)

“if sustainability is not part of your company's strategy how long do you expect to be around for as institutions and bodies and companies we need to look around for the long-term short-term yes we all have short-term pressures but ultimately the end of the day we want to build businesses that last for the longer term a...”

— From Andrew Bonfield, Finance Director, National Grid addresses the Summit, Accounting for Sustainability (A4S) (December 24, 2014)

“as finance leaders we need to be party to this discussion we can't sit back and wait ultimately the end of the day it is going to damage our businesses for the long term and we need to be in that situation where we can actually drive this and drive this agenda forward”

— From Andrew Bonfield, Finance Director, National Grid addresses the Summit, Accounting for Sustainability (A4S) (December 24, 2014)

“The bid is not right, effectively derisory, significantly undervalues the company. It's an EV/EBITDA multiple of around 11.6 times versus sector multiples which have been at 14 times plus the deals and historically, so this really does undervalue the company and the growth potential that we have. So we believe that the...”

— From CNBC Interviews Andrew Bonfield, CFO of Cadbury on the Kraft takeover bid, FriendsofCadbury (September 08, 2009)