MADRID, 15 (EUROPEAN PRESS)
Credit rating agency Moody’s has indicated that Spanish companies are the most profitable among major European countries (UK, France, Italy and Germany) due to their greater capacity to raise prices, according to a report published this Thursday.
“Although the sample is smaller, this company’s average [las españolas] They have higher profitability across all percentiles, indicating a greater ability to pass costs on to consumers and offset inflationary pressures through higher prices.
Moody’s measures profitability in this case in terms of gross operating profit margin (Ebitda). In this case, he points out that at the top of the distribution, Spanish companies also have greater volatility, which is consistent with their ability to increase prices, as it allows them to adjust them more quickly based on changes in demand.
The agency has also indicated that in addition to the small sample size of Spanish companies, this is also due to the merger of companies examined by Moody’s in the real estate sector, which typically have higher profitability ratios.
The 90th percentile stands out in the distribution of European companies. While in Germany, France, Italy and the UK the profit margins ranged from 40% to 50%, in Spain it was over 70%.
“Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert.”
