core business


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core business

a division of a conglomerate firm which is considered to be central to the firm's corporate success insofar as it embodies the firm's CORE SKILLS and competencies and generates the bulk of its sales revenue and profits. See DIVERSIFICATION, DIVESTMENT.

By contrast, a non-core business is one which makes only a relatively small contribution to the firm's overall activities. However, the dividing-line between core and non-core businesses can be elastic when viewed over time. For example, BAT Industries' main core business was and continues to be tobacco products but from 1983 it developed through acquisitions a large insurance division which it also regarded as a core business, until it was demerged in 1997.

core business

the particular products supplied by a firm that constitute the heart of its business. These are generally products in which the firm has a competitive advantage. Over time the firm may begin to supply other products that may be associated with its core business but are more peripheral to the firm and its operations. See DIVERSIFICATION.
References in periodicals archive ?
"Our results in the first quarter of fiscal 2020 reflect the impact of our continued actions to drive improved profitability in our core business, as we delivered the second consecutive quarter of year-over-year adjusted EPS growth" said Mark Walchirk, president and CEO of Patterson Companies.
New World Development, with its subsidiary NWS, will continue to optimise its business portfolio and seek new investment opportunities to strengthen its core business development, with a view to maximizing the interests of shareholders and enhancing the investment value of the Group.
"Blue Apron's next phase will be defined by focusing on our customers and our core business in order to return the business to growth in 2020," said Linda Findley Kozlowski, Blue Apron CEO.
Through this arrangement, ITMinds will facilitate FAML in concentrating on its core business activities, i.e.
RCBC sees better year on robust core business !-- -- Lawrence Agcaoili (The Philippine Star) - May 12, 2019 - 12:00am MANILA, Philippines Rizal Commercial Banking Corp.
Weil advised Raiffeisen Bank International AG (Raiffeisen Bank International) and Raiffeisen Bank Polska S.A., a Polish subsidiary of Raiffeisen Bank International (Raiffeisen Bank Polska), in connection with the acquisition, as a result of a demerger, of the core business of Raiffeisen Bank Polska by Bank BGZ BNP Paribas S.A.
Bovie Medical will divest and sell the Core business segment and Bovie brand to Symmetry for $97 million.
Reportedly, the trigger for this sale is the fact that Rejlers' telecom operation in Norway is no longer compatible with the group's core business and has no place in the group's future strategy for Norway.
Dubai: United Arab Bank (UAB) reported a net profit of Dh36 million for the first quarter of 2018, up 29 per cent year on year, supported by improved core business, streamlined cost base and strong fundamentals.
ISLAMABAD -- The government on Thursday considered several options for the segregation of core and non-core businesses of Pakistan International Airlines including carving-out legacy liabilities from PIA to improve the financial situation of the core business and enable future investment.
Auto Business News-December 8, 2017--DexKo Global plans to expand AL-KO Vehicle Technology's core business with acquisition
'The sale will allow Phoenix to allocate all of its resources to fuel and thus, drive the growth of its core business (distribution of petroleum products nationwide),' the company told the Philippine Stock Exchange.