Open AccessEconomic Analysis of the European Cement Industry
Author(s) -
Marcel Boyer,
JeanPierre Ponssard
Publication year - 2013
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.2370476
Subject(s) - profitability index , competition (biology) , investment (military) , business , industrial organization , capital investment , business cycle , capital (architecture) , finance , economics , macroeconomics , archaeology , history , ecology , politics , political science , law , biology
We present a methodology to assess the profitability of a capital intensive industry over a business cycle and to make projections of profitability for different investment strategies under various hypothetical scenarios for environmental and competition policies. The methodology is applied to the European cement industry over the period 2004‐2012 (Part I) and over the next 10/15 years (Part II) using publicly available data, interviews of financial analysts and industry experts.
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