Financial situation of the major listed groups in H1 2013: faltering growth coupled with debt reduction

C. Mangin., L. Rhein. and M. Roche-Toussaint.

Quarterly selection of articles - Bulletin de la Banque de France, 2013, issue 32, 49-75

Abstract: In the first half of 2013, turnover of the 76 leading industrial and commercial groups levelled off. Net profit only dipped moderately and picked up slightly from the lows recorded at the end of 2012. Groups reduced their financial debt by taking cash from reserves accumulated in 2012 and as well as by selling assets. Financial structures remained sound and the outlook appears more favourable.

Keywords: IFRS consolidated accounts; profits; major industrial and commercial companies; major French groups; other comprehensive income (OCI); companies listed on segment A of Euronext (search for similar items in EconPapers)
JEL-codes: F23 G30 G32 L25 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:quarte:2013:32:03

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