PROFITABILITY AND ASSET STRUCTURE OF BASIC METAL MANUFACTURING COMPANIES

1 POMYKALSKI Przemysław
Institution:
1 Lodz University of Technology, Piotrkowska 266, 90-924 Lodz, Poland, EU, ppomykalski@gmail.com
Conference:
25th Anniversary International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, May 25th - 27th 2016
Proceedings:
Proceedings 25th Anniversary International Conference on Metallurgy and Materials
Pages:
1689-1694
ISBN:
978-80-87294-67-3
ISSN:
2694-9296
Published:
14th December 2016
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
426 views / 206 downloads
Abstract

In recent years basic metal manufacturing companies faced major changes in their environment. The impact of those changes is evident in individual companies but can also be observed in accumulated data for the entire branch. In this paper I examine changes in selected financial ratios of basic metal manufacturing companies operating in Poland, in the period 2006-2014. I search for trends and possible new industry standards in key areas of profitability and balance sheet structure. Years of industry-wide weak profitability indicate that managers will have to assume restructuring efforts to convince investors.

Keywords: metal manufacturing, financial analysis, Poland.

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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